Monthly Income Is Key States Oak Park Bankruptcy Lawyer

We want to know what they earn.  What is their earning capacity?  Where do they work?  How often are they paid?  Do they receive bonuses?  Do they receive child support?  Do they have investment income?  There are certain limitations on how much money you can make and still file for Chapter 7, and this has to do with the family size as well.  So we need to know are they married, are they separated, and are there minor children that they’re supporting.  Is there an elderly parent that they’re supporting in the house?  This is all a factor.  We need to know how much they bring in per month from all different sources.  The income level is so important since it affects which chapter to file under. 

 see also Oak Park Bankruptcy Lawyer or call (847) 520-8100.