Am I eligible for bankruptcy?
February 26th, 2009 by Questions
My income is around 2.000 monthly I owe 20.000 in credit cards. I have been making the minimun payments of my credit cards, so I haven`t recived yet any letter from a collection office. Am I still elegible for bankruptcy under these circunstances?
Posted from: Alberta
One Response to “Am I eligible for bankruptcy?”
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February 26, 2009 at 10:03 am, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:
Eligibility is largely based on amount of debt. So it makes no difference if your debts are not in collection, you would still qualify.