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How Can I Qualify for a Chapter 13 Bankruptcy?

Just about everyone, regardless of how much debt they have, can qualify for Chapter 7 bankruptcy (so long as they are eligible under the Means Test). But Chapter 13 bankruptcy is different. In a Chapter 13 case, you have to owe less than a certain amount of debt to qualify.

The current requirements are that:

You have less than $1,149,525.00 in secured debt; and
You have less than $383,175.00 in unsecured debt.

If you’re over either of these limits, you are ineligible for a Chapter 13, and have to file a Chapter 11 instead.

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