If you've recently moved or frequently travel for business, you may be wondering where to file your Chapter 7 bankruptcy.
A Chapter 7 case is filed in the office of the clerk of the bankruptcy court in the district where the debtor has resided or maintained a principal place of business for a greater portion of the last 180 days. The bankruptcy court is a federal court and is a unit of the United States district court.
If you are married, you can either file for bankruptcy as an individual or file jointly with your spouse. The best option to choose depends on how many joint debts you have and whether you have any assets owned individually.
After you file, the court will look at your income and assets to see if you have the ability to repay your debt. If you don't pass this means test, you will be told to file a Chapter 13 bankruptcy instead.
The process of filing for bankruptcy can seem overwhelming, but working with an experienced attorney who can explain your options will make the task much easier. At Steffens Law Office, we're committed to helping Nebraska residents make informed decisions about bankruptcy debt relief. To learn more, schedule a case review today