Do I Qualify for Bankruptcy in Everett?

For anyone mired in a cycle in crippling debt, bankruptcy offers a way to push the financial reset button. Anyone can file for bankruptcy in Washington State, but they must file in the federal district from which they've lived for at least last 90 days. For Everett residents hoping for bankruptcy relief, this falls under the jurisdiction of the United State District Court for the Western District of Washington.

Your ability to file for either Chapter 7 or Chapter 13 bankruptcy will depend on a variety of factors, including your income level. Your attorney will ascertain whether filing for bankruptcy is beneficial considering your current financial situation. If so, they will then help you determine which variety of bankruptcy is possible to file for, or makes the most sense. You cannot file for Chapter 7 bankruptcy if you filed within the last eight years.

If you would like to learn more about bankruptcy or determine whether you qualify, contact our law office and speak with an Everett bankruptcy qualification attorney today without cost or obligation. If getting a fresh financial start sounds like something that could really help you get back on your feet financially, our legal team can help.

• Before you file for bankruptcy in Washington, you are required to take a credit counseling course
• If your earnings are above the median Washington household income, you must undergo a means test to determine whether your bankruptcy can proceed
• To qualify for Chapter 13 bankruptcy you must earn enough money to keep up with monthly payments on consolidated debt for three to five
• You are required to attend all hearings in bankruptcy court, so get help from an experienced attorney before taking the first step

If you're tired of harassing phone calls from debt collectors, and just can't seem to get caught up on your debt, bankruptcy may be the solution you've been looking for. Petitioning the court for bankruptcy immediately stops all of the phone calls from creditors. It also stops wage garnishments resulting from debt, and sets into motion a series of events which will determine the success of your bankruptcy petition.

Our qualified attorneys in Everett have handled hundreds of bankruptcy cases, and can usually ascertain whether you qualify after a brief, cost-free interview. If you want to get control of your finances, contact our law office in Washington and let us help you figure out whether bankruptcy is possible for you.

Before filing for bankruptcy in Washington, you are required to take a credit counseling class. After this course, you can review your circumstances from an educated standpoint and determine whether you want to proceed. If so, your Everett attorney can help you take the next step by petitioning the court for bankruptcy.

If your earnings are below the Washington State median household income, Chapter 7 bankruptcy may be your best option because it allows you to discharge most or all of your debt. This includes credit card obligations, medical bills, and other unsecured debt. If you earn above this amount, you will be required to go through a means test, which will ultimately determine whether you can file for Chapter 13 bankruptcy. Qualifications for Chapter 13 bankruptcy in Everett include your ability to maintain monthly debt consolidation payments for three to five years.

Filing for bankruptcy in Washington is usually straightforward. The hardest part of the process for many people is taking the first step. If you are mired in ever-growing debt with no light at the end of the tunnel, don't wait another minute before seeking relief. Bankruptcy laws were created to help hard-working people like you enjoy a new financial beginning.

Taking advantage of the federal bankruptcy laws does not make you a failure. Instead, it proves that you are taking proactive steps to regain your status as a contributing member of our nation's economy. Talk to an Everett bankruptcy attorney from our law office today, and find out whether you can take advantage of the relief that bankruptcy can supply.