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and some homeowners end up filing a Chapter 13 bankruptcy. Below, we'll break down the differences a bit more: Eligibility requirements. Generally, with Chapter 7, your income must fall below the ...
To file your Chapter 13 bankruptcy, you must pay a $235 case filing fee and a $5 miscellaneous administrative fee. These are ...
This form of bankruptcy is only available to individuals, not business entities. To be eligible ... even for those who meet Chapter 13's income requirements: Even with regular income, if a ...
Discover the rules and steps involved in buying a house during Chapter 13 bankruptcy, including obtaining court approval and ...
When individuals struggle with overwhelming tax debt, bankruptcy may offer a viable solution. However, not all tax debts are dischargeable, and the type of bankruptcy filed significantly impacts ...
The means test assesses your ability to repay debts to determine eligibility for Chapter ... don't pass the means test can still file Chapter 13 bankruptcy. Chapter 7 bankruptcy is commonly ...
You don’t need a minimum amount of debt to qualify for Chapter 7 bankruptcy. Filing for Chapter 7 can significantly impact ...
The two most common types of personal bankruptcy are Chapter 7 and Chapter 13, and each has distinct eligibility requirements and disqualifiers. Here are some of the factors that can disqualify ...