Tag: chapter 7

When will I be able to buy a house after bankruptcy?

by heidimilamlaw

Many people wonder if they will be able to buy a house after filing bankruptcy.  The answer is to that question is yes, if you have sufficient income, you will be able to buy a house.  The second question people ask is how long after bankruptcy can they buy a house.  The answer to that … Continue reading When will I be able to buy a house after bankruptcy?

What do you mean, I make too much to file bankruptcy?

by heidimilamlaw

It seems like a crazy idea – someone can actually make too much money to file bankruptcy, but in the case of a Chapter 7, that can happen.  It’s all because of a form called a Means Test that must be filed whenever anyone is above median income for the state in which they reside. … Continue reading What do you mean, I make too much to file bankruptcy?