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Requirements and Exemptions for Chapter 7 Bankruptcy

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  • 09-29-2006, 05:12 PM
    MeitHed
    Requirements and Exemptions for Chapter 7 Bankruptcy
    Greetings to you all!

    I see in the bankruptcy forums here that there are income requirements for chapter 7.. But what I do not see is what these requirements are.. any ideas?

    Further.. the only "property" I have is a 401K (>$4,000) and a 2002 Explorer.. which is part of the debt problem.. My credit is already screwed.. so no worries about losing anything.

    I really have no idea what else to put.. if ya feel like passing out more free advice and need / want more info.. please ask..

    Thank you for your time,

    Meit
  • 09-29-2006, 06:23 PM
    aaron
    Re: Requirements and Exemptions for Chapter 7 Bankruptcy
    The income restrictions vary by district, so you would need to check with the bankruptcy court serving your district.
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