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Covey Bankruptcy Law Firm, P.C.
Covey Bankruptcy Law Firm, P.C.'s posts

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Should I file bankruptcy for $20,000?

I believe it is a matter of degree. Sometimes I am asked, “I have $20,000 in debt (or $10,000 or $100,000 or whatever).  Can I file bankruptcy?  And if I can, should I file bankruptcy?”  The answer to can you file bankruptcy is yes. There is no minimum amount of debt required to file bankruptcy.  If you are otherwise qualified, you can file bankruptcy.

Whether you should file is more of a judgment call. read more...

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Meeting of Creditors - 10 FAQ you need to know.  So you filed bankruptcy and now must attend a Meeting of Creditors. Will you see a judge? What questions will you be asked? Where are the 341 Meetings held? Read this post and you will be better prepared and much less stressed out about you Creditors Meeting.

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Filing Chapter 7 vs Chapter 13 Bankruptcy in Elgin Illinois
Which is Better?
What are my bankruptcy options?
Learn about Chapter 7 bankruptcy and Chapter 13 Bankruptcy in Elgin, Illinois.
#chapter7bankruptcy   #chapter13bankruptcy   #chapter7vschapter13bankruptcy  
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