What are the restrictions for filing for bankruptcy?
Filing for bankruptcy in Delaware is a serious legal process that must be taken seriously. In order to file for bankruptcy in Delaware, an individual must satisfy certain requirements. These requirements include the following: 1. The debtor must be a resident of Delaware and must have lived in the state for at least 90 days prior to filing for bankruptcy. 2. The debtor must be current on all income taxes and unpaid child support payments. 3. The debtor must provide a complete list of all creditors and he or she must provide accurate information about debts and assets. 4. The debtor must take an approved credit counseling course before filing for bankruptcy. 5. The debtor must pass a means test to ensure that he or she is eligible for bankruptcy protection. Additionally, there are certain types of debts that are not eligible for bankruptcy protection. These include student loans, outstanding child support payments, debts incurred from fraud, and certain taxes. In order to ensure the bankruptcy process goes as smoothly as possible, it is important to seek legal advice from a qualified bankruptcy attorney. An attorney can provide invaluable advice and guidance to help ensure that all of the legal requirements for filing for bankruptcy are met.
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