Is There a Limit to How Much Debt I Can Discharge Through a Chapter 7 Bankruptcy?
There is no limit to the amount of the debt you can discharge in a Chapter 7 bankruptcy. Nor is there a minimum threshold of debt that you must have in order to qualify for a chapter 7 bankruptcy. So for example, you can technically file and receive a Chapter 7 bankruptcy discharge if you have $1,000 in debt or $1,000,000,000 in debt. However, in the case that you have too little in debt, it mig…Read More