Chapter 7 and Debtors Making 25K Every Month…

So, you are a debtor filing for bankruptcy protection and you have income north of $25,000 every month. Can you discharge your unsecured debts in a Chapter 7 proceeding?

You’d think that the answer would be “no” after 2005’s BAPCPA, right?

But, what if the debts were mainly related to business instead of being consumer debts?

Interesting question, isn’t it?

This is a great post….

Click here to check it out:

http://www.bankruptcyorlando.com/2008/