Nearly 10 % of college students will drop out of school because of credit problems and the proportion of
bankruptcy filers under 25 has risen from under 1 % in 1995 to more than 5 %
Not exact matches
Under the old rules, most
filers could choose the type of
bankruptcy that seemed best for them — and most chose Chapter 7 over Chapter 13.
For a single
filer in Texas filing
bankruptcy after November 1, 2016, their income must be less than $ 46,127 or they will have to analyze their disposable income
under the means test.
These schedules will be used by the
bankruptcy court to check against state and federal exemption laws which allows the
filer to keep the unsecured assets listed
under most circumstances.
Under Chapter 7
bankruptcy, certain debts are completely discharged, meaning that the
filers do not have to pay them.