Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Who is eligible to file and maintain a chapter 7 case?

0
Posted

Who is eligible to file and maintain a chapter 7 case?

0

Any person who resides in, does business in, or has property in the United States may file a chapter 7 bankruptcy case except a person who has intentionally dismissed a prior bankruptcy case within the last 180 days. Any person who is eligible to file a chapter 7 bankruptcy case may maintain the case except a person who is shown to have disposable income that is sufficient in the amount to pay off a substantial portion of his or her debts within a reasonable period. Disposable income is net income after the payment of the necessary living expenses of the debtor and his or her dependents.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123