INITIAL CALCULATIONS REGARDING FILING FOR BANKRUPTCY

The Reedy Law Office limits it bankruptcy services to Schuylkill County residents.

There are a number of different types or "Chapters" of bankruptcy. The type of "Chapter" that the Reedy Law Office engages in, is Chapter 7, sometimes referred to as a straight bankruptcy. One of the many steps in evaluating an individual for a possible bankruptcy filing is determining a candidates monthly expenses verses their monthly income. Once the total monthly income is determined, certain "allowable" expenses are deducted from that income. If at the end of that calculation there is only a small amount of income left to pay the other bills, or "non-allowable" expenses then bankruptcy may be an option. Candidates' should be prepared to verify income and expenses with appropriate documentation.


Contact Info

Income
Married
Single
You
Your Spouse
Monthly
Bi-weekly
Semi-monthly
Weekly
Monthly
Bi-weekly
Semi-monthly
Weekly

Expenses (enter values monthly unless specified)
Total Expenses

Assets
YesNo
YesNo
YesNo
YesNo


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