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What amount of debt is needed to file a Chapter 7 bankruptcy?

April 26, 2017Bankruptcy chapter 7 debt file needed

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What amount of debt is needed to file a Chapter 7 bankruptcy?

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If you cannot foresee any way to pay off your debts in a reasonable amount of time, you should file a Chapter 7 bankruptcy. The amount is not necessarily relevant, what matters is your ability to pay the debts back.