How do I know if I qualify for a Chapter 13 bankruptcy?

In order to be eligible for Chapter 13 bankruptcy in Massachusetts, you must meet certain requirements. First, you must have a steady source of income. This means that your income must be enough to cover your expenses and debt payments. You must also not have had a bankruptcy discharged in the previous six months. Second, you must provide proof of your income and expenses. This includes both your regular income documents and special documents such as proof of child support payments, alimony, and other extra expenses. Bankruptcy court will also review your assets and liabilities to determine whether you qualify. Third, you must also be able to afford to make payments to your creditors. This means that you must show that you have enough income and assets to make these payments without facing undue hardship. The court will evaluate your income and expenses to determine whether you have the ability to make these payments. Finally, you must complete a credit counseling course. This course helps you understand the pros and cons of filing for bankruptcy, as well as the steps you need to take to make sure that you can successfully complete the process. If you meet all of these requirements, you may qualify for a Chapter 13 bankruptcy in Massachusetts. Be sure to talk to a bankruptcy attorney for more information and advice. This way, you can make sure that you have all the facts before filing for bankruptcy.

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How do I know if I qualify for a Chapter 13 bankruptcy?

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