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The biggest difference between Chapter 7 and Chapter 13 is that Chapter 7 focuses on discharging (getting rid of) unsecured debt such as credit cards, personal loans and medical bills while Chapter 13 allows you to catch up on secured debts like your home or your car while also discharging unsecured debt.
The district court or the bankruptcy court may waive the chapter 7 filing fee for an individual debtor who: (a) has income less than 150 percent of the income official poverty line applicable to a family of the size involved; and (b) is unable to pay that fee in installments.
If your total monthly income over the course of the next 60 months is less than $7,475 then you pass the means test and you may file a Chapter 7 bankruptcy. If it is over $12,475 then you fail the means test and don't have the option of filing Chapter 7.
In person or by mail with cashier's checks or money orders made out to ?Clerk, U.S. Bankruptcy Court? at the U.S. Bankruptcy Court, 721 19th Street, Denver, CO 80202.
In California, you can keep your home in Chapter 7 bankruptcy under certain circumstances, depending on the amount of equity you have in your principal residence. This is called the ?homestead exemption.? The amount of the exemption varies, depending on age, marital status and physical/mental condition.
If your total monthly income over the course of the next 60 months is less than $7,475 then you pass the means test and you may file a Chapter 7 bankruptcy. If it is over $12,475 then you fail the means test and don't have the option of filing Chapter 7.
The average bankruptcy packet ranges from 40 to 50 pages in length.
Unrepresented parties (people without an attorney) may use this tool to web-file their documents to the Court. If you wish to file a new case please be aware that only Chapter 7 and 13 cases can be filed with this tool. Also, there is a free program that helps people with their chapter 7 bankruptcy cases.