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Debt Consolidation Forums Bankruptcy Chapter 7 and Chapter 13 forums

Is there any minimum or maximum amount that I need to have to qualify for a bankruptcy?

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Is there any minimum or maximum amount that I need to have to qualify for a bankruptcy?




There is no cap on the minimum amount. But there is a cap on the maximum amount. You can't have more than $1,184,200 in secured debt or $394,725 in unsecured debt to be eligible for for Chapter 13 bankruptcy

Sub: #1 posted on Thu, 12/13/2018 - 22:00

Nick Jonas Nick Jonas

(Posts: 115 | Credits: )

If you have more than $1,184,200 secured debt, then you can't file bankruptcy. Also, you need to have less than $394,725 unsecured debts to get approval for filing bankruptcy. However, you should talk to a bankruptcy attorney to get more information on it.

Sub: #2 posted on Fri, 12/14/2018 - 04:04

sanderspatricia29 sanderspatricia29

(Posts: 878 | Credits: )

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