How long after file collapse do you hold to clear surplus income to creditors? I want to file collapse because i am in plentifully of debt.

I want to file collapse because i am in plentifully of debt. I have hear that i can only build $1836 a month before taxes. If i receive more up to 75% can go to creditors. I purely wanted to know how long this last. I dont want to be paying this for years to come. Would appreciate an answer from somebody who knows the facts or someone who have been contained by the same situation. conceivably you should stop spending your cash on hookers

Best to check near your bankruptcy advocate in regard to these questions. They will know how to help you.

Answers: Each state have its own income guidelines to qualify for Chapter 7...which is basically the average income for your state...you obligation to have an income below that to qualify for Chapter 7. Most BK attorneys tender free consultations.you can find out that way if you qualify.

If you profile for Chapter 7, your surplus income does not have to be remunerated towards debt that was discharged contained by a Chapter 7.that's the whole point of file in the first place.

FYI: Student loans cannot be discharged contained by a Chapter 7 filing
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