QUESTION
Can I file chapter 13 bankruptcy if I'm not behind in my bills but over extended?
Asked on Oct 17th, 2012 on Bankruptcy - South Carolina
More details to this question:
I lost my job. I went from 65,000 to 30,000. My mom helps me pay my bills and she had a heart attack so now Ii don't have her to help and I am starting to get behind in my bills.
1 ANSWER
Bankruptcy Attorney serving Myrtle Beach, SC
at
Law Office of Margaret L. Evans, PC
Update Your Profile
Question: Can I file chapter 13 bankruptcy if I'm not behind in my bills but over extended? *- yes, provided, however, that you have enough disposable monthly income to support a confirmable plan * Question Detail: I lost my job. I went from 65,000 to 30,000. My mom helps me pay my bills and she had a heart attack so now Ii don't have her to help and I am starting to get behind in my bills. *- you can file a Chapter 7 if you qualify (sounds like you may very well qualify under the MEANS TEST) or you may file a Chapter 13 *
Answered on Oct 18th, 2012 at 2:23 PM