No. Even if you need to declare bankruptcy, you might not be capable to. For Chapter 7 bankruptcy, the court have to decide that you just don't make more than enough funds to pay for again your debts. They compare your income to the point out normal, and see if your disposable money is

Our plan is simple to know. Instead of paying your creditors, you’ll deposit a monthly payment to the Focused Price savings Account, as part of your identify and less than your Command. As cash Create up, we’ll Speak to your creditors to barter and concur on lowered balances. B