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
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.