Chapter 13 ELIGIBILITY

Can every one file chapter 13 bankruptcy?

No, only those who fulfill the eligibility criteria can file chapter 13.

Can a business file chapter 13 bankruptcy?

No business is eligible to file chapter 13.

Can personal debts related to business be included in chapter 13?

Yes, the personal debts related to business may be able to be included in chapter 13 bankruptcy.

Can personal bankruptcy like medical bankruptcy be included for filing chapter 13 bankruptcy?

Yes, it can be included.

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Are brokers and stockbrokers eligible for filing chapter 13 bankruptcy?

No, under no circumstances can the brokers or stock brokers be eligible for filing chapter 13 bankruptcy.

Is your secured debt more than $1,010,650?

If yes, you are not eligible to file chapter 13 bankruptcy. If no, you may be eligible to file chapter 13.

Is your unsecured debt more than $336,900?

If yes, you are not eligible to file chapter 13. If no, you may be eligible to file chapter 13 bankruptcy.

Have you been regular at filing the state and federal income tax returns?

If you submit the proof of filing the state and federal income tax returns for a minimum duration of 4 years before the date of filing the bankruptcy you may be eligible to file chapter 13 bankruptcy.

Have you cleared this test?

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