Who can file a chapter 13 bankruptcy petition?

By |2019-03-06T02:07:34+00:00March 6th, 2019|

Individuals may file chapter 13 bankruptcy petitions if they:

(1) Reside, have a domicile, a place of business, or property in the United States;

(2) Have a source of regular income; and

(3) On the date the petition is filed owe less than $290,525 in non-contingent, liquidated, unsecured debts and less than $871,550 in non-contingent, liquidated, secured debts.

Corporations and partnerships may not file a chapter 13 bankruptcy petition.

If you filed a prior bankruptcy petition and the prior proceeding was dismissed within the last 180 days, you may not be able to file a second petition.