A Bankruptcy Attorney Can Help You Find Your Chapter 7 Eligibility

March 5th, 2010 by admin

A person is usually eligible to file Chapter 7 bankruptcy of their family income over the last six months is below the median income for their state. These income limits are given by the U.S. Census Bureau. Due to changes in the bankruptcy abuse prevention and consumer protection act of 2005, it’s a good idea to either consult with the local bankruptcy attorney or an online bankruptcy service who regularly files your type of bankruptcy case and can help you determine whether you’re eligible to file a Chapter 7. Once you find your eligibility you next need to find out all the exemptions for your state to protect what property you have.

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