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Can't Pass the Means Test for Chapter 7 Bankruptcy?

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If you visit a bankruptcy law office for advice about filing for bankruptcy, the lawyer will most likely run a means test on your income to see if you qualify for Chapter 7. If you really want to file for Chapter 7 but have too high of an income to pass the first part of the means test, the following are some of the options you could consider.

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Options for Avoiding Foreclosure

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Going through a foreclosure is stressful, but you can do things to help control the situation. The foreclosure process is not set in stone; it can often be halted if you have the right help.

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3 Key Differences Between Chapter 7 and Chapter 13

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Many people think they will never face a time in life when they need to file bankruptcy; however, life is often full of unexpected surprises that can lead to financial problems. If your life took a turn you did not expect, and you are now facing piles of debts you cannot pay, you may consider bankruptcy.

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