Do I Qualify for Bankruptcy? Which Chapter?

Do I Qualify for Bankruptcy? Which Chapter?

by | May 9, 2013 | Bankruptcy, Chapter 13, Chapter 7

The first question for many people considering bankruptcy is “do I qualify?” In order to determine whether you qualify for bankruptcy, you should consult with a Marietta bankruptcy attorney. As a general rule, almost everyone qualifies for bankruptcy. Find out more about qualifying for bankruptcy here. The real question is, “What Bankruptcy is Right for Me?”

Do I Qualify for Chapter 7 or Chapter 13?

Again, the answer to this question is less about qualifications and more about finding the better fit for your circumstances. For the average consumer, there are two chapters of bankruptcy: Chapter 7 and Chapter 13. When determining the best bankruptcy for you, it rarely comes down to the amount of debt you have. Rather, it is the type of debt that best determines the bankruptcy that is right for you.

What Is the Difference Between Chapter 7 and Chapter 13?

Chapter 7 is a liquidation bankruptcy, and will serve to eliminate all unsecured debts, such as: credit cards, medical bills and some tax debt. Chapter 13 bankruptcy is s repayment plan and designed to help people protect things, such as homes and vehicles. Chapter 13 is also designed to deal with those debts that may not be dischargeable in a chapter 7 bankruptcy.

To find out the best bankruptcy for you, and to get additional information regarding filing bankruptcy, please consult with a Marietta bankruptcy attorney today.

Matthew Cherney


At Cherney Law Firm LLC, clients can expect the highest quality legal representation alongside thoughtful counseling and attention to detail. Mr. Cherney dedicates his time to properly investigating every possible avenue of debt relief for his clients before simply stepping into bankruptcy. Seeking to make each consumer that comes to him for legal aid as comfortable as possible, he keeps his clients in the loop with every step he takes.

Contact US

You may call us directly at 770-485-4141, or you can fill out the form and we will contact you. Feel free to ask us any questions that you might have. Make sure to indicate whether you would like an e-mail or a call back

In Marietta & Cobb County

In Woodstock & Cherokee County

In Alpharetta & Fulton County

Recent Posts