Legal Question in Bankruptcy in Massachusetts
can i file for bankruptcy if i am on social security?
Asked on 11/29/12, 9:22 am
2 Answers from Attorneys
Richard Ravosa
Law Offices of Richard S. Ravosa
As long as you are an eligible debtor, under 109 U.S.C. "only a person that resides or has a domicile, a place of business, or property in the United States, or a municipality, may be a debtor under this title." If you have filed Bankruptcy before and it was less than eight years you may be restricted to the Chapter that you can file under. An income requirement is mainly necessary for Chapter 13 for most clients to fund a plan. Debtors who have no income as long as they are eligible can file under Chapter 7.
Answered on 11/29/12, 9:47 am
L. Jed Berliner
Berliner Law Firm
Yes. (Now, isn't that easier to read?)
And, often one must file bankruptcy when trying to live on a fixed income.
Call a lawyer. Most of us don't bite.
Answered on 11/29/12, 11:07 am