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There is no limit to the amount of income you can earn while you're bankrupt.

There are no debt limits for Chapter 7 cases, and this form of bankruptcy may allow all unsecured debts to be completely eliminated. However, a debtor will likely need to turn over certain non-exempt assets to the bankruptcy trustee, who will liquidate these assets and make payments to creditors.

While no specific cash exemption is listed in the federal bankruptcy exemptions, a wildcard exemption allows you to protect up to $1,325 in any property and use up to $12,575 of any unused portion of a homestead exemption to protect money.

When you file for bankruptcy protection, a discharge from the court will relieve you of your obligation to repay your creditors for certain debts. As noted, once your debt is discharged, your creditors cannot contact you or attempt to collect the debt in any way. What Happens if I Declare Bankruptcy? farmermorris.com ? faqs ? what-happens-if-... farmermorris.com ? faqs ? what-happens-if-...

A Proof of Claim is a written statement and any supporting documentation which describes the reason the debtor owes the creditor money. The claim must be filed using Official Form 410. Filling Out and Filing a Proof of Claim | Central District of California uscourts.gov ? video ? filling-out-and-... uscourts.gov ? video ? filling-out-and-...

You'll add all income earned from all sources during the full six months immediately before filing and multiply the amount by two. Here are examples of the types of income you'll include: gross wages, salary, tips, bonuses, overtime, and commissions. alimony and maintenance payments.