Bankruptcy may seem like the best option when you are out of money and have a lot of debts to pay. But you have to remember that it is not a cakewalk. Making this decision affects your future. Not everyone can file bankruptcy. There are some basic requirements before anyone can file bankruptcy and if they are not fulfilled, you may be disqualified from the ability to file.


Being eligible does not end the task. You also need to know the proper Chapter under which to file. Generally for consumers the applicable chapters are Chapter 7 bankruptcy and Chapter 13 bankruptcy. Having the knowledge regarding both will benefit you and prepare you for the legal process that will follow. You may have to undergo a means test so that your eligibility can be assessed. In the recent amendments to the Bankruptcy laws, one also needs counseling to determine whether they should choose bankruptcy over all other measures. When there is no other way out, only then does the person become eligible to file bankruptcy.

If you need to know whether you are eligible for filing bankruptcy or not, choose Bankruptcy Intro as the one stop shop for all your bankruptcy information needs. Take the help of our licensed professional team of Attorneys to decide whether you should choose Bankruptcy over other means. Every chapter has different requirements and a person who does not fulfill even one of them is not eligible for filing bankruptcy. Once you have decided whether you need to file or not, the next step is to know how to actually do it. We at Bankruptcy Intro provide you with the services of bankruptcy lawyers who answer all the questions that have been troubling you.

To determine if you can file Bankruptcy, just fill out our free no obligation evaluation and we will connect you with one or more licensed Attorneys in your area who will be happy to evaluate your eligibility to file Bankruptcy under the new US Bankruptcy Code.

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