"How Much Do You Have To Be In Debt To File Chapter 7"
If you're considering filing for Chapter 7 bankruptcy, knowing how much debt you need to qualify is an important first step. To file a successful bankruptcy petition, you must owe a certain amount of debt in order to meet the minimum requirements. Generally speaking, you'll need to demonstrate at least $15,000 in unsecured debts such as credit cards and medical bills in order to be eligible for Chapter 7 protection. However, this amount can vary depending on the state you live in and your particular financial circumstances.
The best way to determine if you have enough unsecured debt is by consulting with a qualified professional who specializes in bankruptcy law. They will be able to review your situation and advise whether filing for Chapter 7 is right for you or if another option would be more appropriate.
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 main goal is to help you find a fresh start FAST!
Schedule your free consultation today! By Calling 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706