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  • Spectacular!

    I liked your fast, friendly service. You were all knowledgeable in the area of bankruptcy. Your treatment of me as a client was spectacular! You were great at promptly responding to my questions and concerns. I loved that you provided courteous and quick responses to all my questions.
    --Donna
  • Highly Recommended!

    I have worked with Seth and he is the utmost professional in how he works with his clients. If you need an attorney you can trust I would highly recommend the Law Office of Seth Hanson.
    --David
  • Very Professional.

    Everyone was very professional and efficient. Seth, and everyone that I had contact with were very knowledgeable. I was very pleased with how we were treated by his staff. My questions were always answered promptly. I was very pleased with the service I received and would not hesitate to refer someone to your firm.
    --Anonymous
  • Non-judgmental.

    You were very open and answered all of my questions. You never made me feel like I was asking a dumb question. I was comfortable with your knowledge of the law. It was hard for me to make this decision to move forward in my life. Everyone was friendly to me and respectful. Non-judgmental. Every question I asked was answered promptly and appropriately. I would recommend you.
    --Anonymous
  • More Than Expected!

    I found the firm's representation to be more than what I expected. I was always kept in the loop, all my questions were answered (whether or not I asked more than once the same question), and I felt completely supported by the firm staff when going through this (at times) scary ordeal. Thank you again.
    --Joanna
  • Very Impressed!

    I liked that you had very friendly, caring staff. You were all very knowledgeable. Your treatment towards me was excellent and you quickly responded to all my concerns. If a friend asked of your overall impression, I would say that we were very impressed and we would recommend you to them.
    --Danielle

Can I File Bankruptcy With A High Income?

Have you heard that you can’t file bankruptcy because you make too much money? Most of the time, this isn’t true.  Both income and debts are taken into consideration when filing for bankruptcy.  And many people who think they make too much money are actually perfect candidates for Chapter 13 bankruptcy (and may actually qualify for a Chapter 7 bankruptcy).

How Can I Know If I Qualify?

First, you’ll have to actually calculate your income.  If you make under California’s median income for your household size, you should qualify for a Chapter 7 bankruptcy.  If you make more, then you’ll likely only qualify for a Chapter 13 bankruptcy, as determined by the bankruptcy means test.

This test will help to determine if your income is high enough to repay your creditors.  If the test shows that you don’t earn enough to pay off your debts, then you’ll qualify for a Chapter 7 bankruptcy.  And if your income is high enough to repay your debts, then you’ll have to file a Chapter 13 bankruptcy and pay back some portion of the debt to your creditors over a 5 year period.  The means test also takes necessary expenses and household size into consideration.  Knowing whether or not bankruptcy is the right way to go isn’t always clear.

To find out how your income, expenses, and household size will play into what type of bankruptcy you qualify for, contact your Yuba City bankruptcy attorney at (530) 797-4402.

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