Tryascend.com
Ascend
Home
How It Works
Meet Team

Chapter 7 Qualification
and Cost Calculator

0
Start
1
Home
2
Income
3
Context
4
Results

Expectations:

What to expect?

  1. You will receive a free Chapter 7 qualification estimate based on the US bankruptcy forms.
  2. Many attorneys prefer context before a free consultation. This will provide context for your free bankruptcy consultation.
  3. Calculator usually takes 2 - 5 minutes.

Household:

What is your marital and filing status?
Required
How many people do you take care of in your household (including yourself)?
Required
You answered there is only one (1) person in your household, but you are married. Please confirm the number of people in your household.
Required
How many people in your household are 65 or older?
Required
Are you 65 or older?
Required
How many of your dependants (excluding a spouse) are over 18 years old?
Required
How many people in your household were claimed as dependants in your previous tax return?
Required

Place of Residence:

Each state has different allowances that change regularly of how much income you may make to qualify for Chapter 7 bankruptcy.

What is your zip code?
Required
Required
Required
Have you lived in this zip code for at least the past 90 days?
Required
What zip code did you live in previously?
Required

Income:

Please be as accurate as possible as income is extremely important to estimate qualification.

How often do you receive a paycheck?
Required
How much do you receive in your paycheck BEFORE taxes?
Required
How would you pay for the bankruptcy?
Required
How often does your SPOUSE receive a paycheck?
Required
How much does your SPOUSE receive in their paycheck BEFORE taxes?
Required
Do you receive income from any other sources, e.g. business, retirement, alimony, child supports, etc.?
Required
Other monthly income
Required
Which of the following best represents your approximate annual other income?
Required
Has your income changed significantly in the past six months?
Required

Accurate Income is Important

Required
Required
Is your household annual income approximately $0
Required

Important Contextual Questions:

These questions help you understand whether you may qualify even if you make more than the allowable for your state and what questions to consider before filing.

Approximately how much unsecured debt do you have?
Required
What is causing you to consider debt relief?
Required
Which best describes the debt?
Required
What best describes why you are considering debt relief?
Required
What is the status of the divorce?
Required
Do you have a pending foreclosure sale?
Required
What is the unexpected expense?
Required
What is the status of the wage garnishment?
Required
Have you filed bankruptcy in the past 6-8 years?
Required
Have you filed a Chapter 7 bankruptcy in the past 8 years?
Required
Have you filed a Chapter 13 bankruptcy in the past 6 years?
Required
Do you own equity in any high value assets such as a vacation home, boat, RV, etc?
Required
Do you own significant equity in your home? To estimate, you subtract your home's value by what you owe on the home.
Required
Do you have any other assets of value greater than $1,000, including stocks, individual brokerage accounts, or retirement accounts?
Required
In some situations, you may qualify for Chapter 7 even if your income exceeds what your state allows. Which of the following expenses do you have? Choose at least one.
Required

Final Questions:

Which of the following do you prefer?
Required
Do you want to save this information and get a copy of your results to your email address?
Required

Note: Ascend may receive a referral fee if you choose a free consultation. Our partners conduct free, no-hassle evaluations to learn about your options. You can complete it over the phone in as little as 10 minutes. The attorney fees are affordable, and often a flat fee. All initial consultations are 100% free of charge, and all lawyers are licensed in your state. By selecting a partner above to reach out to you, you agree that a partner may contact you (including autodials, pre-recorded calls, and SMS) to answer your questions about relief.

First Name
Required
Last Name
Required
Email address
Required
Phone Number
Required
Cancel
By submitting, you agree to Ascend's Privacy Policy and Terms of Use.
You additionally give your consent to receive SMS text messages, phone calls or other communications from a bankruptcy attorney, Ascend, or another service provider to facilitate communication regarding your debt relief options, according to our Privacy Policy and Terms of Use. Message frequency varies. Standard message and data rates may apply. Text HELP for more information; text STOP to unsubscribe.
Disclaimer: Ascend strives to keep its information accurate and up to date. This information may be different from what you see when you visit a financial institution, service provider or specific product's site. All financial products, shopping products and services are presented without warranty, and estimated APR and other terms are not binding in any way. All loans presented on this page have a maximum APR of no greater than 35.99% with terms not less than 12 months to not more than 60 months. As an example, a $10,000 loan with an APR of 14.50% and a term of 36 months would cost $12,391.55 over the life of the loan. All rates are determined by the lender and must be agreed upon between the borrower and the borrower's chosen lender. Your actual APR will depend upon factors evaluated at the time of application, which may include credit score, loan amount, loan term, and credit history. All loans are subject to credit review and approval. When evaluating offers, please review the lender and/or lending partner's Terms and Conditions for additional details.