In order for you to begin filing bankruptcy, there is a test that is used to determine which Chapter of bankruptcy you will be allowed to file. The “Means Test” is comprised of an average income for the region of the U.S. in which you live, and your income in comparison with that average. If your income does not pass the Means Test, then you will likely have to file Chapter 13 Bankruptcy. However, if you pass the Means Test it is possible for you to file for Chapter 7 Bankruptcy, which allows a liquidation of your debts.
The Means Test was put into place so as to deter people from abusing the Bankruptcy process. No matter your income, you might want to consider filing Bankruptcy in Jacksonville if you are struggling to pay your bills and should contact a Jacksonville bankruptcy attorney to discuss your options.