Legal Question in Bankruptcy in New York

bankruptcy: Chapter 7

Is there a maximum amount of income allowed in order to file a Chapter 7 bankruptcy?


Asked on 7/02/09, 2:20 pm

1 Answer from Attorneys

Stephen Starr Starr & Starr, PLLC

Re: bankruptcy: Chapter 7

There are income limits for "consumer debtors" whose debts are primarily for personal, family or household debts as compared to business debts.

Please visit the Frequently Asked Questions (FAQs) on our website as www.starrandstarr.com as well as the postings on our Blog (there is a link on the site to it) for more information.

The foregoing is intended as general information of interest to readers of this website and is not legal advice for your specific situation. Facts and circumstances not disclosed in your brief posting may materially affect your rights. You should consult with an attorney.

Best regards,

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Answered on 7/02/09, 2:38 pm


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