In the event your disposable cash flow exceeds the median within your state, you continue to might be able to qualify via a “means” test that features checking out your cash flow and sensible costs to see if you can find that range beneath the median revenue for the point out.

It will eventually depend on the guidelines of your condition. Even though you won't have to give up all of your assets if you file, the amount you may maintain (exempt) will depend upon state legislation. “However, you could’t can’t walk from of all your debts in

You don’t need to provide all of your current belongings for the duration of Chapter 7. Frequently, residence you need to have for daily dwelling is exempt. The definition of exempt and nonexempt varies by point out, but beneath are a few frequent examples. Appropriately, Lakeview

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