Archive for October, 2011
Chapter 7 bankruptcy is so powerful that there are limits on who may file. The eligibility requirements were established in 2005 when a series of new bankruptcy laws went into effect.
Can you file Chapter 7? That depends on many factors, including whether you can pass the Means Test.
In a Chapter 7 case, you are not required to pay back the eligible debts included in your filing that are…
|