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Can you file bankruptcy if your unemployed?

Updated: 8/18/2019
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13y ago

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You can file chapter 7 bk. Unless you have another revenue source, you would not qualify for a chapter 13 bk because you need to have "regular income" for a 13 bk.

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13y ago
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Q: Can you file bankruptcy if your unemployed?
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Related questions

How long do you have to be unemployed to file chapter 7?

You do not have to be unemployed to file bankruptcy.


If you are unemployed can you pay off the bankruptcy yourself?

If you are unemployed, your benefit compensation would hardly be enough to pay off a bankruptcy.


Can you work after you declare bankruptcy?

Yes, you are not required to be unemployed to declare bankruptcy.


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.


If you are currently under bankruptcy and become unemployed can you file for unemployment benefits?

Sure, the BK is not a factor and won't even be anything the UI cares or knows about.


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.


Why did General Motors ford and Chrysler file for bankruptcy?

They did not file for bankruptcy.


Did ballenger construction harlingen Texas file for bankruptcy?

No, they did not file for bankruptcy.


Can you file Bankruptcy without a job?

Of course. Filing for bankruptcy, put simply, is showing the court that your debts and financial obligations substantially exceed your income. The fact that you are self employed will not serve as a bar to your bankruptcy application but you will need to show detailed and accurate records of income and various expenses to establish the deficiency.


Do both parties on a joint mortgage have to file bankruptcy on a joint mortgage?

No, both parties on a joint mortgage do not need to file bankruptcy. They can file a joint bankruptcy or a single bankruptcy.


What companies have file bankruptcy in 2008?

what companies did file a bankruptcy in 2005,2006 and 2007.