;)
Getting Chapter 7 Bankruptcy Help
Posted by GuestPoster in Personal Finances
The court can make you give them your valuable jewelry if it’s value exceeds the limitations allowed when filing bankruptcy. The court then uses the profits from selling the items to pay off your debt. If there is property like this that you do not want to lose, Chapter 7 may not be the way for you to go. Two circumstances that will prohibit individuals from filing Chapter 7 bankruptcy help have to do with income. First, if a person’s income for a period of six months before filing bankruptcy is more than the states middle earnings level for a household equal to theirs. Secondly, is if an individual’s earnings will allow them to pay their current bills as well as making payments on a payment plan through Chapter 13.
;)
;)
;)
