Legal Question in Bankruptcy in Michigan
How much debt does one have to owe?
How much in debt does a person have to be before filing for bankruptcy - if that person is retired and receives about $28,000 per year in retirement income.
Asked on 12/21/02, 1:28 pm
1 Answer from Attorneys
Timothy Trichler
Timothy R. Trichler - Attorney and Counselor at Law
Re: How much debt does one have to owe?
Greetings; There is no minimum amount of debt required to file a chapter 7 bankruptcy. There are other requirements that must be met. You are welcome to schedule a no cost, no obligation consultation. I will determine if you fully qualify or not. We can also discuss other options for dealing with your situation. Thanks, Atty. Trichler; www.trichler.com 616-457-5100
Answered on 12/22/02, 3:17 pm
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