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

To determine if you qualify for Chapter 13 bankruptcy in Mississippi, you should consult with a qualified lawyer or financial advisor. In order for an individual to qualify for Chapter 13 bankruptcy in Mississippi, they must have a regular source of income that can be used to pay back their creditors. Depending on which judge hears the case, an individual may qualify if their unsecured debts, such as credit cards, are under a certain amount. There is no specific amount that all judges use, so it is important to consult with a qualified attorney. Additionally, individuals must have filed all required tax and credit documents, and those documents must be up to date. Only those individuals that have not filed for bankruptcy in the last 180 days, or their previous Chapter 13 case has been dismissed in the last 180 days, will be eligible to file for Chapter 13 bankruptcy in Mississippi. Finally, individuals must be able to complete a repayment plan under Chapter 13. This means that the individual must be able to make regular payments to their creditors and must keep up with these payments. If individuals cannot make the payments, then their bankruptcy may be dismissed. To make sure you qualify, it is important to speak with a qualified lawyer or financial advisor in Mississippi who is knowledgeable about Chapter 13 bankruptcy and can advise you on the best course of action.

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

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