Who is Eligible for Bankruptcy?

Almost anyone can file for bankruptcy; however, this is a situation that should not be taken lightly.

Someone eligible for bankruptcy must have:

  • A permanent residence
  • Own land or any type or property
  • Or Own a business
  • Filers must also complete a financial counseling course, but most filers are exempt from this because their case is too far gone to be saved.

Just because you are eligible to file for bankruptcy does not mean you will qualify to have any of your debt discharged. You should seek counsel from an attorney if you're qualified to file in order to find out what kind of relief you could receive. 

If you would like to speak with a qualified expert, you can contact Brent Adams and Associates by calling 877-273-6823 or by clicking here. The initial consultation is free, and there is no obligation. See how much relief from your debt you could receive by filing for bankruptcy.