Yes. But the qualifications vary greatly according to which type of bankruptcy you wish to file for. Some of the bigger factors in qualification include monetary amount of debt, current employment status, and property ownership. You have to apply for bankruptcy through a long process. Once the application is done, qualification will be determined. The article below has a breakdown of qualifications for different chapters of bankruptcy.
how do i find out what type of bankruptcy i qualify for
What qualify u for bankruptcy
Yes
you did your mom
No.
Who really cares
Chase will qualify you for a mortgage even if you have bad credit. You can even have filed for bankruptcy
18 months
Student loans do not qualify for bankruptcy except in certain dire situations.
Chapter 11 bankruptcy allows you to reorganize your debt so that you may pay it off. But it is not for everyone. You should contact a lawyer to see if you could even qualify for Chapter 11 bankruptcy.
Visit the Bankruptcy Action website for an explaination of the new bankruptcy reform and a guide to determine what is needed to qualify for a chapter 7 or 13. http://www.bankruptcyaction.com Please visit Bankruptcy Action Com for information concerning the new state and federal bankruptcy laws. http://www.bankruptcyaction.com
First consult a lawyer for which bankruptcy chapter you qualify for and let him/her assist you with the bankruptcy procedures as bankruptcy procedures are not the same in every case. Chapter 7 and Chapter 13 bankruptcies are the most common. For more information, visit these websites: http://howtodeclarebankruptcy.net/ and filepersonalbankruptcy.org/how-to-declare-bankruptcy/.