Can I file for bankruptcy if I am unemployed? - Bankruptcy Law Questions and Answers- LawQA.com

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Can I file for bankruptcy if I am unemployed?

I was recently terminated from my job and I am worried about all my bills that I have to pay. I am thinking about filing for bankruptcy and would like to know what to expect. What are my options?

Answer By Gary Lee Lane
CONSUMER PROTECTION ASSISTANCE COALITION, INC. (DE).
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Yes.

Answer Applies to: California
Replied: 10/5/2011

Answer By Eric Lewis
Indianapolis Bankruptcy Law Office of Eric C. Lewis
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Yes, many unemployed people file for bankruptcy relief.

Answer Applies to: Indiana
Replied: 8/4/2011

Answer By Alan D. Walton
Breckenridge and Walton
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Of course you can file. That is what bankruptcy is for. Talk to an attorney sooner than later. You deserve a fresh start.

Answer Applies to: Michigan
Replied: 7/28/2011

Answer By Bill Zurinskas
Bankruptcy Law Center
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Yes, you can file chapter 7 bankruptcy if you are unemployed. Chapter 13 bankruptcy requires a payment plan and you must have some regular income source to qualify.

Answer Applies to: Colorado
Replied: 7/27/2011

Answer By Janet Lawson
Janet A. Lawson Bankruptcy Attorney
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Yes you can file. There is no reason why you can't.

Answer Applies to: California
Replied: 7/26/2011

Answer By Marvin Wolf
The Law Office of Marvin Wolf
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Losing a job is one of the main reasons people file for bankruptcy. When income drops severely, then a person has to prioritize which bills get paid and which do not. I explain a lot about bankruptcy on my website,

Answer Applies to: New Jersey
Replied: 7/26/2011

Answer By Lewis P. Adams
Lewis Adams and Associates
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Employment is not a requirement to file for bankruptcy. If you no longer have an ability to pay existing debt, Chapter 7 allows you obtain relief from those obligations. Although the previous six months of income is taken in to consideration, Changes in economic circumstances allow for discharge of the debt. Everthing is dependent on current income and family size.

Answer Applies to: Utah
Replied: 7/26/2011

Law Offices of Michael J. Berger
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Yes, you can file for bankruptcy if you are unemployed. Whether or not bankruptcy is your best option will depend on an evaluation of your assets, debts, income and expenses. Other options include doing nothing and debt settlement.

Answer Applies to: California
Replied: 7/26/2011

Ursula G. Barrios Law
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Of course you can.

Answer Applies to: California
Replied: 7/26/2011

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