Bankruptcy Attorneys: Belleville, IL

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Qualifications for Chapter 7 Bankruptcy

The qualifications for filing any type of bankruptcy is established by the United States Bankruptcy Code. No one can override these requirements, not even a judge or attorney. Chapter 7 Bankruptcy refers to the section of the United States Bankruptcy Code that explains the liquidation of assets and the elimination of consumer debt. Remember, Chapter 7 Bankruptcy completely eliminates most debt. As such, Chapter 7 Bankruptcy has very specific standards that must be met in order to file a Chapter 7 Bankruptcy.

In short, the primary qualifications for Chapter 7 Bankruptcy are:

While you may qualify for Chapter 7 Bankruptcy, it might not be the best option for you. It is important to understand all of the advantages and disadvantages of Chapter 7 Bankruptcy and how it will affect you. Filing for the wrong type of bankruptcy protection can have far reaching consequences.

We offer a FREE Consultation with a bankruptcy lawyer so you can make an informed decision about what type of bankruptcy is right for you.


The Law Office of Ronald A. Buch, doing business as The Bankruptcy Center, is a debt relief agency, helping people file for bankruptcy relief under the Bankruptcy Code. Use of this website does not create an attorney-client relationship. The content presented on this website is not legal advice as every situation is different.

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