Do I Qualify For Chapter 7 Bankruptcy?

Qualification for Chapter 7 – known as the “liquidation” option – requires passing a means test and ensuring that to the greatest extent possible, assets are protected by available exemptions.

Do I Qualify For Chapter 7 Bankruptcy?

Chapter 7 bankruptcy is often referred to as “the liquidation option” as the filing sells your non-exempt/unprotected assets to pay your creditors. This post outlines who can qualify for Chapter 7 bankruptcy.

Converting a Chapter 13 Bankruptcy to Chapter 7

Converting a Chapter 13 bankruptcy to a Chapter 7 proceeding may be the right option for those looking to liquidate and consolidate assets in a more efficient fashion. However, it’s important to understand the entire process to see if the conversion is even possible.

How Does Business Bankruptcy Work?

There are three main types of business bankruptcies and they have wildly different effects on the owner and the business. Whether you’re looking at Chapter 7, 11, or 13, you’ll want to consult a professional bankruptcy attorney to learn more about which option is best for you.

5 Things to Know About Chapter 7 and 13 Bankruptcy

There are a lot of facts – along with a lot of myths – out there about individual bankruptcy. This post highlights five facts anyone considering either should know about what happens in Chapter 7 and Chapter 13 proceedings.