Legal Question in Bankruptcy in Pennsylvania

unemployed and bankruptcy

Can you declare bankruptcy if you have no income?


Asked on 8/31/08, 5:29 pm

2 Answers from Attorneys

John Gibson John W. Gibson, Esquire

Re: unemployed and bankruptcy

You may file a Chapter 7 Bankruptcy but not a Chapter 13.

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Answered on 9/02/08, 10:19 am
Solomon Weinstein Solomon Weinstein, Esquire

Re: unemployed and bankruptcy

bankruptcy procedure has become more complicated. Without income you will not qualify for a Chapter 13. Your income is determined not what you presently earn but when you file and your earnings during the six month period prior to filing. There are many other nuances you should contact an attorney to see if you qualify for a chapter 7.

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Answered on 9/02/08, 12:21 pm


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