Hi, I am trying to educate myself regarding filing Chpt 7. Do they take a % of your wages?? How does this work?? I read a few posts and that's the impression I came away with.
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Read some more of the threads, will give you some more good input.
Chapter 13 is where you pay back a % to your creditors...
There are certain qualifications you have to meet to be able to do a Chapter 7. If you have too much available income after debts are discharged you will only qualify for a Chapter 13 - which is a form of reorganization..
If you have questions after doing some reading, feel free to ask, we'll help if we can..
Go under Chapter 7 and check out the "stickys" and look at the
manuals..... also under General Questions
MinnyLast edited by Minnymouth; 08-19-2005, 05:52 AM.Minny
"It's amazing the paths that our feet sometimes follow in life".
My suggestions are from "personal experience" and research only. Do not consider this as legal advice. Each bankruptcy case is different.
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