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Updated by David Garner on Apr 24, 2021
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David Garner David Garner
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Top 4 Means Test Mistakes Under Chapter 7 Bankruptcy in Raleigh

The bankruptcy means test is the starting point of filing for Chapter 7 bankruptcy in Raleigh. It determines whether you’re eligible for this type of debt relief.

For instance, the first step will require you to submit several months’ worth of income statements, which will then be compared with the median income in North Carolina. If your income is greater than the median, you may have to consider filing for Chapter 13 instead.