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qualify for Chapter 13 bankruptcy

Submitted by on Wed, 11/03/2010 - 04:03
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I am planning to file Chapter 13 bankruptcy. My unsecured debt amount is $250,547. I am a government employee. Can i qualify for Chapter 13 bankruptcy?


Hi Steve,
Under the bankruptcy laws, one can qualify for Chapter 13 bankruptcy if his total unsecured debt is within $360,475. Since your unsecured debt amount is within that, so I don't think you'll have any problem to qualify for bankruptcy provided you fulfill the other criteria.


Submitted by Good Nelly on Mon, 11/08/2010 - 03:43

Good Nelly

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