Rearrange Pages In Legal Alabama Bankruptcy Forms For Free

Each state has a different dollar amount as a threshold for qualifying under the means test. In the State of Alabama: If you are single, live alone, and earn less than $39,768 per year ? you automatically qualify under the means test to file for Chapter 7 bankruptcy protection.

You'll disclose all aspects of your finances on official bankruptcy forms. Once completed, the average bankruptcy petition, including schedules and other required documents, will be between 35 and 50 pages.

Understandably, almost all attorneys thus want to be paid up front to handle a chapter 7 bankruptcy. An informal survey of chapter 7 attorney's fees a few years ago in the Southern District of Alabama showed that fees generally ranged from $800 to $1,500, with an average of about $1,000.

Alabama Lawyers for Bankruptcy Filers Among the forms you must complete when your income is above the median income is Form 122A, which tells you whether you pass the means test.

Most people prefer Chapter 7 bankruptcy because, unlike Chapter 13 bankruptcy, it doesn't require you to repay a portion of your debt to creditors. In Chapter 13 bankruptcy, you must pay your creditors all of your disposable income?the amount remaining after allowed monthly expenses?for three to five years.

Filing bankruptcy without an attorney is called "Pro Se" - meaning to represent oneself in legal proceedings. With limited exceptions, Section 109(h) of the Bankruptcy Code requires that all individual debtors receive credit counseling from an approved provider within 180 days before the bankruptcy filing.