Options for Personal Bankruptcy

A few requirements exist for permission to file personal bankruptcy which include: * residing or having a place of business or property in the US; * it's been at least six years since any previous Chapter 7 bankruptcy discharge or completed Chapter 13 bankruptcy plan; * there's been no dismissal of any other bankruptcy action within 180 days; * cannot be a "substantial" abuse of Chapter 7 relief; * the action would not constitute a fundamental "unfairness" to grant the Chapter 7 relief. For these reasons, it is strongly recommended that the services of a well-respected bankruptcy attorney be sought.