The income limits for Chapter 7 depend on numerous factors, including a complex calculation called the means test.
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How to File for Bankruptcy
When you file for bankruptcy, you’re basically telling a federal court that you can’t afford your debts and you need ...
Bankruptcy is an option when you are facing serious financial difficulties. Chapter 7 bankruptcy is a way to legally ...
Bankruptcy is an option when you are facing serious financial difficulties. Chapter 7 bankruptcy is a way to legally ...
Chapter 7 bankruptcy has specific income requirements, but many filers qualify. Here's what determines the outcome.
Chapter 7 can erase much of your debt, with notable exceptions such as student loans. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you ...
*Chapter 7 bankruptcy, also known as “liquidation bankruptcy,” allows people to discharge most unsecured debts. This includes medical bills, payday loans, and credit card balances. A trustee may sell ...
Elysse Bell is a finance and business writer for Investopedia. She writes about small business, personal finance, technology, and more. Vikki Velasquez is a researcher and writer who has managed, ...
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