In order to qualify for bankruptcy either Chapter 7 bankruptcy or Chapter 13 bankruptcy, you need to pass a "Means Test for Bankruptcy" which is a calculation to determine whether your household's gross income is under a required level for your household size. When using the means test calculator, there are important deductions that could allow you to qualify for bankruptcy even if you have a fairly large income. It is crucial for you to contact an experienced bankruptcy attorney. There are … [Read more...] about Bankruptcy Requirements – Requirements for Filing Bankruptcy