DischargeOfDebts

Lifestyle

A Step-by-Step Guide on How to File Bankruptcy Chapter 7

Preparing for Filing Bankruptcy Chapter 7 Before filing for bankruptcy chapter 7, it is important to make sure you are eligible and to understand the consequences of filing. Here are some steps to help you prepare: Check Your Eligibility: You must pass the means test to be eligible for chapter 7 bankruptcy. The means test compares your income to the…