The income limits for Chapter 7 depend on numerous factors, including a complex calculation called the means test.
Chapter 7 bankruptcy has specific income requirements, but many filers qualify. Here's what determines the outcome.
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How to File for Bankruptcy
When you file for bankruptcy, you’re basically telling a federal court that you can’t afford your debts and you need ...
If you’re overwhelmed by student loan debt and can’t make ends meet, you may be wondering if you can file for bankruptcy on student loans. The truth is that federal and private student loans are ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The founders of Kaylena Marie's ...
A group of companies used by ailing auto part manufacturer First Brands Group to raise financing has filed for Chapter 11 bankruptcy protection. Firms under the Carnaby Capital Holdings umbrella ...
Opa Authentic Greek Cuisine has filed for chapter 7 bankruptcy in the U.S. Bankruptcy Court for the Northern District of California. In its filing, the group notes that it is seeking court-supervised ...
Greek restaurant chain Opa! Authentic Greek Cuisine filed for bankruptcy and has plans to liquidate the company’s remaining assets in California, according to a recent filing. Listing a principal ...
Tricolor Auto Group, a Texas-based car dealership that served buyers with little or no credit, has filed for Chapter 7 bankruptcy. The company operated more than 60 dealerships in six states and has ...
The owner of Mi Scuzi Ristorante Italiano has filed for personal Chapter 7 bankruptcy following the restaurant's abrupt closure. Michael Farsace's filing lists liabilities between $500,001 and $1 ...
He’s gone from “Big Pimpin'” to big debtin’. Ex-Jay-Z partner and Roc-A-Fella Records co-founder Damon Dash has declared bankruptcy in an attempt to skip out on nearly $5 million owed in civil ...
HOUSTON — A Texas-based auto dealer and lender that once billed itself as a financial lifeline for underserved buyers is now bankrupt, leaving thousands of customers with unanswered questions.
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