Lynch & Belch, P.C.

Who Can File for Chapter 7 Bankruptcy


People who have fallen on hard times financially and are unable to pay their debts may file for bankruptcy. This is often a last resort, and is a way to stay afloat and avoid being pursued by creditors. There are certain requirements needed to file Chapter 7 bankruptcy. 

Your Income Must Be Below a Certain Level

People with incomes that are above the median for their area are not eligible for Chapter 7 Bankruptcy. Calculate your income for the last six months, and compare it to the median income level.

A Previous Dismissal of a Bankruptcy Case

If you filed for bankruptcy, but the case was dismissed within the last 180 days, you cannot re-apply. The case may have been dismissed for a variety of reasons, such as:

  • A violation of a court order
  • The filing contained inaccuracies
  • You initiated the dismissal under certain circumstances


If you were found to have been dishonest with creditors or if you were not forthcoming in stating your assets in the past, you may not be eligible to file Chapter 7 bankruptcy. Certain activities can jeopardize your filing:

  • Hiding assets from a spouse during a divorce
  • Inaccuracies about income on documents
  • Putting your own assets under the name of a family or friend

For more information about filing Chapter 7 bankruptcy, call Lynch & Belch, P.C. in Indianapolis at 317-888-0006.

No Comments

Leave a comment
Comment Information
Email Us For a Response

Contact The Firm

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

short form image

Lynch & Belch, P.C.
7210 Madison Ave.
Suite B
Indianapolis, IN 46227

Phone: 317-528-9549
Phone: 317-528-9549
Fax: 317-888-8282
Indianapolis Law Office Map