Do I Qualify for Chapter 7 Bankruptcy?

Author: Joe Pioletti Posted on: . Filed in: Bankruptcy.

chapter-7-bankruptcy

Do I Qualify for Chapter 7 Bankruptcy?   The question of whether a person can qualify for Chapter 7 bankruptcy became an issue in 2005 with the enactment of the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA). Creditors lobbied for a Means Test to be added to the Bankruptcy Code as a way of… Read More »

Bankruptcy Basics: Chapter 7 and Chapter 13

Author: Joe Pioletti Posted on: . Filed in: Bankruptcy.

Bankruptcy

No one is immune to financial troubles, and an onslaught of unexpected events can turn even the most responsible consumer’s finances on their head. While other options, such as debt settlement and consolidation exist; for some, filing for bankruptcy might be the only way out of a tough situation. Once an individual has filed for… Read More »