If you're in debt, now's the time to talk to an attorney about bankruptcy protection. Bankruptcy can get you out from under your debt. If you're filing for personal bankruptcy protection, you have two choices. You can file for Chapter 7 protection or Chapter 13 protection. Both chapters have filing requirements. If you want to file for Chapter 13 bankruptcy protection, read the list provided below. These questions will help you decide if Chapter 13 bankruptcy is right for you.  

Are You Current on Your Taxes?

If you want to file for Chapter 13 bankruptcy protection, take a look at your taxes. When you file for Chapter 13 protection, you need to show that you're current on all your tax filings. This includes the most recent year's taxes. If you're not, you should file past taxes before filing for bankruptcy protection. Or, you can talk to an attorney about filing for Chapter 7 bankruptcy protection. 

Do You Have a Steady Income? 

If you plan to file for Chapter 13 bankruptcy protection, consider your employment status. To file for Chapter 13 bankruptcy protection, you need to have a steady source of income. That's because you'll need to make payments on your outstanding debt. If you don't have a steady income, you can still file for bankruptcy protection. But, you'll need to file for Chapter 7 bankruptcy instead. A bankruptcy legal service can help with that. 

Have You Filed for Bankruptcy Before? 

If you want to talk to an attorney about filing for Chapter 13 bankruptcy protection, look at your prior bankruptcy history. There are laws about how often you can file for bankruptcy protection. To file for Chapter 13 bankruptcy protection, you must wait at least two years since your last Chapter 13 bankruptcy, or at least four years since your last Chapter 7 bankruptcy. If you meet the criteria, talk to an attorney about filing for Chapter 13 bankruptcy protection. 

What Are Your Debt Limits? 

If you're ready to file for bankruptcy, now's the time to ask yourself about your debt limit. When you file for Chapter 13 bankruptcy, you'll need to list your secured and unsecured debt. Unsecured debt includes credit card debt and personal loans. Secured debt includes auto loans and home mortgages. For Chapter 13 bankruptcy, you can't have a total debt limit of more than $2,750,000.

Don't live with debt. If you're ready to get out from under your debt, talk to an attorney, such as Ricardo B. Casas, about Chapter 13 bankruptcy protection.

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