Typically, if you can afford $6,000 over five years or $100 per month toward your debt, your disposable income is considered adequate enough to prohibit you from filing Chapter 7 bankruptcy.

If you do not meet the eligibility requirements to file for Chapter 7, you can still file for bankruptcy under Chapter 13. A knowledgeable bankruptcy attorney can review your current income and debt levels and advise you of the type of bankruptcy best suited for your circumstances.

For more information or to find out if you meet the eligibility requirements for a Chapter 7 bankruptcy, contact Cincinnati bankruptcy attorney Kathleen Mezher now.