Law Office of Donald L Fritzen * 421 East Fremont Street * Laramie, Wyoming 82072 *-(307)745-7091
Do I Qualify For Bankruptcy?
Means Test
One of the requirements in filing bankruptcy in Wyoming is the means test. This is a formula that measures your assets and income to determine if you fall within the Wyoming median income range of those that are eligible to file Chapter 7. As you will have the opportunity to discharge much of your debt in bankruptcy, this newer requirement must be submitted carefully. These figures change periodically, and without our help, you could fail to take all of the deductions against your income or use outdated figures which would result in making you ineligible to file a claim and get your debts discharged.
Don't assume that you won't be eligible. If you cannot pay your bills, and are suffering from serious financial difficulties, it is likely that you will be. We take the time to evaluate each client's circumstances and financial state to help them find the resolution that will help them resolve the problem.
The means test is one part of the process. It could not be more critical that all information is submitted correctly; if there are any undisclosed assets or debts, your claim could be denied by the court.
Donald L. Fritzen
Wyoming Bankruptcy Attorney
Wyoming Bankruptcy
Frequently Asked Questions