Legal Question in Bankruptcy in Florida

is there a min. amount of debt to file 13 or 7 bankruptcy

my question is there a min. amount of debt required to file chapter 13 and or 7. how would i determine which is better for me?


Asked on 5/31/01, 12:50 pm

2 Answers from Attorneys
Alexander M. Rosenfeld Rosenfeld & Stein, P.A.

Re: is there a min. amount of debt to file 13 or 7 bankruptcy

No minimum, but I dont know why you would seek bankruptcy protection from a minimal amount of debt.

A consultation with a competent cr4editors rights/ bankruptcy atty sould provide you with the information need for you to decide the best route for you. You may call me.

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Answered on 6/26/01, 2:14 pm
Anthony Comparetto Comparetto Law Firm

Re: is there a min. amount of debt to file 13 or 7 bankruptcy

There is no legal minimum but some courts call it an abuse of the bankruptcy process if you have the ability to repay. A.J> Comparetto, 727-328-7900

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Answered on 6/26/01, 7:59 pm


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