Do I Need to Have a minimum amount of Debt before I can file for Bankruptcy?

No! There is no current minimum amount of debt to be able to file for bankruptcy. Simply, if you are unable to pay your debts and can’t resolve these issues with your creditors, bankruptcy may be a viable option.

Bankrtupcy may be able to help your financial situation. We have created this website in order to educate you on your options when in a fiancial downturn.

Nancy Cavey, St. Petersburg bankruptcy attorney has written The Essential Guide to Bankruptcy. In this guide you will find helpful information on options you may have dealing with bankruptcy, and even if bankruptcy is right for you.

 

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