To determine if you qualify for Chapter 7 Bankruptcy you must determine if your household income is above or below the median. If your household income is above the median you may not qualify for a Chapter 7. If so, you can file a Chapter 13 bankruptcy and pay off a portion of your debt in the next 3-5 years. Typically, you will pay off your debt with zero interest and you will only pay what you can afford. Contact Mr. Olstein today to help determine if you will be able to file for Chapter 7.