Qualifications for Chapter 7 Bankruptcy

If I were you I'd schedule an appointment with a bankruptcy attorney who does chapter 7work and gives free first consultations. He/she will first be able to tell you if you pass "The Means Test" which is an income and expense based test. You must pass this to be eligible to file a chapter 7. The income part of the test is based on your income the last 6 months (not just the fact that you are unemployed today).

There is no minimum or maximum amount of debt necessary to file for Chapter 7. Brett Weiss [email protected] www.BankruptcyLawMaryland.com ***************************************************************** The Small Print: This response is for discussion purposes only. It isn't meant to be legal advice and you shouldn't treat it as such. If you want legal advice, speak with a local lawyer familiar with your state's laws who can review *all* of the facts and the law applicable to your situation. *****************************************************************