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Who can file a Chapter 13 bankruptcy petition?

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Who can file a Chapter 13 bankruptcy petition?

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Individuals may file chapter 13 bankruptcy petitions if they: (1) reside, have a domicile, a place of business, or property in the United States, or a municipality; (2) have a source of regular income; and (3) on the date the petition is filed owe less than $290,525 in noncontingent, liquidated, unsecured debts and less than $871,550 in noncontingent, liquidated, secured debts. (as of 4/1/01) Corporations and partnerships may not file a chapter 13 bankruptcy petition. If you filed a prior bankruptcy petition and the prior proceeding was dismissed within the last 180 days, you may not be able to file a second petition.

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You may file a chapter 13 bankruptcy petition if you: (1) reside, have a domicile, a place of business, or property in the United States, or a municipality; (2) have a source of regular income; and (3) on the date the petition is filed you owe less than $307,675 in unsecured debts and less than $922,975 in secured debts (Secured debts are debts where you signed an agreement to allow the creditor to recover the property if you fail to make payments -usually a car or house). Corporations and partnerships may not file a chapter 13 bankruptcy petition.

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Individuals may file chapter 13 bankruptcy petitions if they: • reside, have a domicile, a place of business, or property in the United States, or a municipality; • most importantly, have a source of regular income; and • on the date the petition is filed owe less than a certain amount of unsecured debts and a certain amount of secured debts. If you filed a prior bankruptcy petition and the prior proceeding was dismissed within the last 180 days, you may not be able to file a second petition and should consult with an attorney.

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Individuals may file chapter 13 bankruptcy petitions if they: (1) reside, have a domicile, a place of business, or property in the United States; (2) have a source of regular income; and (3) on the date the petition is filed owe less than $290,525 in non-contingent, liquidated, unsecured debts and less than $871,550 in non-contingent, liquidated, secured debts. Corporations and partnerships may not file a chapter 13 bankruptcy petition. If you filed a prior bankruptcy petition and the prior proceeding was dismissed within the last 180 days, you may not be able to file a second petition.

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Individuals may file Chapter 13 bankruptcy petitions if they: • Reside, have a domicile, a place of business, or property in the United States • Have a source of regular income • On the date the petition is filed owe less than $269,250 in non-contingent, liquidated, unsecured debts and less than $807,750 in non-contingent, liquidated, secured debts. Corporations and partnerships may not file a Chapter 13 bankruptcy petition. If you filed a prior bankruptcy petition and the prior proceeding was dismissed within the last 180 days, you may not be able to file a second petition.

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