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Can you file bankruptcy if you are current on your bills?

Updated: 8/19/2019
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12y ago

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Yes, you can. If you are current, but struggling with credit card debt, medical debt, or other unsecured debt. If your income is less than the median family income for your state, you can probably file chapter 7. If over that amount, you may have to file a chapter 13. Consult an experienced bankruptcy lawyer in your area.

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12y ago
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Q: Can you file bankruptcy if you are current on your bills?
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Related questions

Is ter a way to not pay bills?

Not unless you file for bankruptcy. Otherwise you owe the money.


Is it better to file bankruptsy or be late on bills?

It is less detrimental to your credit score to be late on paying your bills (more than 30 days late) than it is to file bankruptcy.


Do you have to be late on payments to file bankruptcy?

No, but it helps. Many people pay their bills instead of buying groceries, but they can't sustain that for long. The test for bankruptcy is not so rigorous. If you spend what you should to live on, and you cannot pay your other bills as they come due, you can file.


i have 50000.00 in c.c debt in my name only ihave amortgage jointly withe my wife.can i file for bancrupcy without involving the house.im current on all bills but doom is coming.?

It may be possible to file bankruptcy and keep your home at the same time.


You owe your sister money can you file bankruptcy on that loan?

If you file bankruptcy, you file bankruptcy on everything. You can not file bankruptcy on one loan.


Can you purchase another car before you file bankruptcy on another car?

sure you can, but you will loose new car when u file bankruptcy anyway.also need more than just a car payment to file bankruptcy. laws have changed to prevent people filing bankrupcy just to dodge paying there bills


What is the best approach to file for bankruptcy?

The best approach to file for bankruptcy is to first evaluate your current situation. Is it truly bankruptcy? How will this affect you? If you decide that bankruptcy is the only way, this is what you must do. Contact a bankruptcy attorney to make sure that it is all done correctly. That is the only way to make sure.


I recently went threw 48 weeks of chemotherapy I only make 20.00 an hour and my medical bill and other bills have acummilated can I fill Bankruptcy.?

Yes, you can. Most people who file bankruptcy do so because of medical bills.


If you file for bankruptcy and you cosigned for someone can the car loan be included in the bankruptcy if the person is not making their payments?

YES, you can include it whether the payments are current or not.


What bills does bankruptcy cover?

Bankruptcy cover credit card bills. Bankruptcy can also cover outstanding debts from doctors, utility bills, and bank loans, as well.


Did Deltona Corporation file bankruptcy?

No they never did file for bankruptcy


How many year after you file bankruptcy can you file bankruptcy aging?

If you are talking about a Chapter 7 bankruptcy, It takes 7 to 9 years after you can file bankruptcy again.