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Bankruptcy

: The Debt Podcast

Bankruptcy Eligibility and Median Family Income

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One of the biggest urban legends in bankruptcy is that if you make more than the median family income for your state, you can’t file for bankruptcy. This is absolutely wrong. I have filed Chapter 7 cases for people who make over $350,000 a year. Every week I file for people who make over $100,000 a year. [...]

Full post as published by The Debt Podcast on October 17, 2008 (boomark / email).

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