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  2. Thinking About Filing for Bankruptcy? It’s Worth Considering ...

    www.aol.com/finance/thinking-filing-bankruptcy...

    However, to file for Chapter 7 bankruptcy, you’ll need to pass the Chapter 7 means test. This test looks at the last six months of your disposable income to determine if you can afford to pay ...

  3. When should I file for bankruptcy? - AOL

    www.aol.com/finance/file-bankruptcy-011643245.html

    Before filing for bankruptcy, many people explore debt settlement or debt management programs. While these options can work for some, they may not be effective if you have large amounts of debt ...

  4. Personal bankruptcies are up. When does it make sense to file?

    www.aol.com/personal-bankruptcies-does-sense...

    No one wants to file for bankruptcy, but if you're heading in that direction, delaying the inevitable may only make things worse. ... so we don't have people filing Chapter 13 when they don't need ...

  5. Can you save money by not hiring a bankruptcy attorney? - AOL

    www.aol.com/finance/save-money-not-hiring...

    A bankruptcy lawyer can assess your financial situation, advise you on the most suitable type of bankruptcy to file (such as Chapter 7 or Chapter 13), prepare and file all necessary paperwork ...

  6. Bankruptcy - Wikipedia

    en.wikipedia.org/wiki/Bankruptcy

    Bankruptcy exemptions are available only to individuals filing bankruptcy. [43] There are two alternative systems that can be used to exempt property from a bankruptcy estate, federal exemptions [44] (available in some states but not all), and state exemptions (which vary widely between states). For example, Maryland and Virginia, which are ...

  7. Before You File for Bankruptcy, Consider These 3 Alternatives

    www.aol.com/file-bankruptcy-consider-3...

    First, you need some money. I would suggest at least half of your total debt, but sometimes even 25% would work. ... The best leverage you can have is a legitimate threat of filing bankruptcy ...

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