Maximum Income to File a Chapter 7 bankruptcy in Miami, Florida

I often see people searching online and coming to my office asking me what is the maximum income I can have and still file a Chapter 7 bankruptcy.  Here is the secret, if you are looking for a concrete answer from an attorney or online… YOU WON’T FIND IT.  There is no concrete bright line test regarding income that determines if you qualify instantly for bankruptcy.

I have had people in my office that made well over $150,000 and I was able to qualify them for a Chapter 7 bankruptcy and I have had people come into my office who made $30,000 a year and I was unable to get them to qualify for Chapter 7.

The only way to determine if you can qualify for a Chapter 7 bankruptcy is to make an appointment with an experienced bankruptcy attorney and provide him with a summary of your income and your expenses.  Please don’t run tests online that assist you in determining eligibility because those tests are ineffective and may yield incorrect results.

If you are looking to file for bankruptcy in Broward, Miami-Dade or Palm Beach Counties and would like to schedule a free consultation with a bankruptcy attorney then please give our office a call at 954.309.5559 or 305.741.5553.

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