florida bankruptcy services, florida, bankruptcy, services, paralegal, file bankruptcy, petition preparer, legal document preparation, chapter 7, chapter 13, pinellas, pasco, hillsborough, hernando, manatee, tampa bay, st. petersburg, tampa, clearwater

Fees & Services

Getting Started



Contact us

Bankruptcy Services

Chapter 7 & Chapter 13

(727) 322-5881

We serve the Tampa Bay area  as well as
the entire state of Florida

Welcome!  It's a good day to get out of debt.


Site Map

Essential Links   Emergency filings welcomed!
Stop lawsuits and wage garnishments.
Same day service.



(free credit report from FTC)




(pre-filing counseling)


Chapter 7


What is the Means Test?

Under the bankruptcy means test, your Current Monthly Income (CMI) is compared against the state's median CMI to determine if you are eligible to file for chapter 7. 

CMI is the average monthly gross income earned in the six month period prior to filing for bankruptcy. Included in CMI are financial gifts or assistance from family members, income from a non-filing spouse, income from all job sources, IRA/401k withdrawals, and any income from a closely held business. Social Security income and business expenses are excluded from CMI.

When CMI Exceeds Florida's Median Income
When a person's CMI exceeds the state's median income, a number of deductions can be claimed and applied against CMI. Here, a complicated formula is used to deduct certain expenses from CMI in order to determine a person's Net Monthly Income. The formula employed assumes NMI indicates the amount of money a person has each month to pay off creditors.

While there are specific requirements surrounding each, the following expenses are deducted from CMI when determining NMI:  housing, living costs, cost of transportation, private school tuition, alimony and/or child support, child care, medical expense, federal tax withholding, internet and phone service costs, health savings accounts.

Our bankruptcy software makes all the calculations - not us.  Should you still not pass the Means Test after all deductions are applied then we will refer you to a trusted attorney to represent you because it is inappropriate for anyone who is not a licensed attorney to assist a client in a chapter 13 bankruptcy because it is very complex.

Disposable Income.
Please note that it is possible to pass the Means Test and still not qualify to be in a chapter 7 if you have too much disposable income.



  What is Chapter 7    


Chapter 7 Timeline    


What is the Means Test    
  Top 10 Mistakes    


Silly Notions    




  Should I File    
  Can One Spouse File    
  Bankruptcy and Divorce    
  Taxes and Student Loans    
  Reestablish Credit    
  Bankruptcy Courts    
  Florida Middle District    
  Florida Northern District    

Florida Southern District

  Know Your Rights    
  Fair Debt Collection Act    
  Fair Credit Reporting Act    

Legal Resources


Bankruptcy Basics


Bankruptcy Glossary




Our Location & Hours


2808 Beach Blvd. So. #9


Gulfport, FL  33707


Monday - Friday


9:00 - 5:00




By appointment only.

Florida Bankruptcy Services