Unless you have have acted in “bad faith”, you will qualify for bankruptcy according to your ability to pay all of your creditors after paying your living expenses. Acting in “bad faith” would include actions like spending lots of money on luxury items just before filing bankruptcy or committing identity theft.
Qualifications for Chapter 7 bankruptcy and qualifications for Chapter 13 bankruptcy differ, and Ted Machi & Associates will help you decide which may be right for you. Contact Ted Machi and Associates, P.C. today for free evaluation of your position. If you are struggling to pay your bills, we can help. You can make a fresh start.
