can i file bankruptcy if i have recently been convicted of a felony

January 23, 2008

Posted by TonyLiu

( 0 ratings )

To Qualify for Bankruptcy
1. You must reside, have property, or a business in the United States;
2. Your net income must be lower or approximately equal to your expenses (before debt payments);
3. If you wish to keep all of your property, they must fit into the court approved exemption schedule;
4. You must not have committed any of the many acts prohibited by the bankruptcy code, such as fraud; hiding assets; or giving assets to family members right before filing.
5. You must pay a $200 filing fee and submit a properly prepared petition.

After reading through the above, yes you can.

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