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Southeast Louisiana Bankruptcy Attorney
Free Consultations Available
Means Test Guiding You Every Step of the Way

We take the time to educate our clients about the bankruptcy process. Schedule a free consultation to get started today.

LaPlace Means Test

Bankruptcy Lawyer in Metairie, Covington & LaPlace

Before you can file for bankruptcy, you must determine which type is best for you. Chapter 7 bankruptcy is for individuals or families who cannot afford to make any payments back to their creditors whatsoever, while Chapter 13 bankruptcy allows for some minimal payments to be required. The means test is a uniform formula that is applied to everyone who files for bankruptcy, meant to standardize the bankruptcy process, reserving Chapter 7 only for those who need it most.

The means test can be complicated and the paperwork cumbersome, so contact a Metairie bankruptcy lawyer today to crunch the numbers for you.

Big Easy Law Group is able to guide you through your means test process and will make sure you choose the plan that is right for you. Our attorneys will always provide you with unmatched personal service, making sure your needs are met and your questions answered. After your means test is complete, our lawyers will also aid you with your credit restoration and put an end to any creditor harassment you may still be experiencing. After serving hundreds of clients every year, our firm is ready to ready to advise you on making the best choices during this difficult financial time.

The Two-Step Process

Completing the means test is a two-step process that your LaPlace bankruptcy attorney will know how to navigate. Step one is a median income comparison, which calculates your yearly family income and compares that to the median income in your state for a family of the same size. The median family income will vary depending on where you live, and your bankruptcy lawyer will be able to tell you if you fall above or below the number for your area.

If you land above the median income, you continue on to step two, which is calculating disposable income and unsecured debts. This process determines how much, if any, disposable income is available to be paid back to your creditors. Though it may sound daunting, our attorneys will make sure you understand everything and find the right financial plan for you.

Contact a LaPlace lawyer to find out what kind of bankruptcy is right for you. Our bankruptcy attorney can serve clients in Mandeville, Covington, and St. Tammany Parish and the surrounding areas.

What Our Clients Have to Say

  • “Thank you, Bacchus Law Group for helping me become debt free and teaching me money management.”

    - Brandi F.
  • “When I had to file for bankruptcy, I met with Ryan Loyacano at the Bacchus Law Group, LLC. He was very professional, prompt and helpful, which made the entire process and transition much easier and ...”

    - Dena J.
  • “My husband and I came to Ryan at the Bacchus Law Group, LLC with very little hope, previous experiences with another attorney had led us to believe that they were all the same, we were pleasantly ...”

    - David and Rachel H
  • “Filing bankruptcy can be a scary thought in gathering information and filling out forms. Once I contacted Ryan, he explained the process to me, sent me the forms to be filled out and was very helpful ...”

    - Gary C.
  • “I was very nervous about filing bankruptcy. Ryan took away my fears after our first meeting. He explained the process and what was going to happen. I felt confident in his abilities and I have to say ...”

    - Terri

We Make the Bankruptcy Process Easy

What Makes Us Different
  • Services for Contract, Family & Injury Law
  • Helped Thousands of Clients Out of Debt
  • We Have Three Office Locations
  • We Build Effective Financial Solutions
  • We Are Accessible by Phone 24/7
  • We Provide Free Case Consultations

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