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Bankruptcy FAQs

Who can file a chapter 13 bankruptcy petition?

Individuals may file chapter 13 bankruptcy petitions if they:

  1. reside, have a domicile, a place of business, or property in the United States;
  2. have a source of regular income; and
  3. on the date the petition is filed owe less than $290,525 in non-contingent, liquidated, unsecured debts and less than $871,550 in non-contingent, liquidated, secured debts.

Corporations and partnerships may not file a chapter 13 bankruptcy petition.

If you filed a prior bankruptcy petition and the prior proceeding was dismissed within the last 180 days, you may not be able to file a second petition.

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