Can I File a Chapter 13 Bankruptcy if I'm Unemployed?

Filing for bankruptcy can be a difficult and complicated process, especially if you are unemployed. If you have been laid off or lost your job, you may be wondering if it is possible to file a Chapter 13 bankruptcy without any income. The good news is that in certain circumstances, it is possible to file for Chapter 13 bankruptcy even if you are unemployed.

In order to qualify for Chapter 13 bankruptcy when unemployed, an individual must prove that they have sufficient non-wage sources of income such as Social Security disability insurance or pension benefits. Additionally, debtors must show that they have the ability to make a payment plan over the course of 3-5 years based on their current financial situation. Furthermore, debtors must demonstrate that they will use any future wages received from employment towards paying back their debt in full under the terms of the plan.

The Law Offices of Omar Zambrano has helped thousands of people and businesses in the past to get out of debt and start over.

Our goal is to help you find a fresh start FAST!

Schedule your free consultation today! By Calling 626-338-5505 or visiting us at the 12738 Ramona Blvd Baldwin Park CA 91706