How can I file bankruptcy if I am broke?

Answer Believe it or not, it actually costs money to file for bankruptcy, even if you don't hire a lawyer. Before you can even file, you are required to obtain credit counseling, which can cost $75 or mor... Read More »

Top Q&A For: How can I file bankruptcy if I am broke

How soon after filing a chapter 7 bankruptcy can you file a chapter 13 bankruptcy?

The U.S. Bankruptcy Code allows debtors to file for bankruptcy multiple times, but has changed the number of years you must wait between filings. Previously, a debtor could file under either Chapt... Read More »

Can I file for bankruptcy on SSI?

You can file bankruptcy while receiving Supplemental Security Income (SSI). Federal law protects SSI payments from bankruptcy proceedings. However, SSI payments can be garnished to pay back taxes, ... Read More »

Did GM file for bankruptcy?

General Motors (GM) officially filed for bankruptcy on June 1, 2009. GM sold several of its brands, including Hummer and Saab, in an attempt to restructure the company. A slimmed-down GM emerged fr... Read More »

Can you file bankruptcy on irs debt?

You list the Internal Revenue Service as a creditor in bankruptcy when you owe back taxes. Despite disclosure, IRS debt cannot be discharged in a bankruptcy case and you remain responsible for the ... Read More »