Frequently Asked Questions
Yes, many people do keep their homes and automobiles even after filing for Chapter 7.
Any individual who has not filed for bankruptcy within the previous 8 years and who passes the means test can file for Chapter 7.
Before you file for Chapter 7 you must complete the means test to see if you qualify for a discharge. Many debtors qualify. If your income is lower than the median income for your city and state then you automatically qualify. however, if your income is over the median income, you may still qualify.
Typically, cases last about 90-120 days.