Lawsuit Response Template With Formulas
Description
How to fill out General Form Of An Answer By Defendant In A Civil Lawsuit?
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FAQ
There is no limit to the amount of income you can earn while you're bankrupt.
Find the annual median family income for your household size. In Illinois, for cases filed on or after : One person - $67,102. Two people - $84,892.
Filing for Bankruptcy Without an Attorney Corporations and partnerships must have an attorney to file a bankruptcy case. Individuals, however, may represent themselves in bankruptcy court. While individuals can file a bankruptcy case without an attorney or "pro se," it is extremely difficult to do it successfully.
Steps to Filing Bankruptcy in Illinois Tax returns for the past two years. Pay stubs for at least the past two months but preferably the last six months. Your credit report. Bank statements. Vehicle titles. Copies of bills you have gotten in the past few months. Your Social Security number and home address.
If your income is less than 150% of the federal poverty guidelines (see the table for Illinois Fee Waiver Eligibility below), you're eligible to apply for a filing fee waiver. The court may hold a waiver hearing. If the court denies your waiver request, you can apply to pay the filing 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.
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.
Chapter 7 Petition Package - If a debtor files a chapter 7 bankruptcy case and the debtor's income is less than 150% above the federal H.H.S Poverty Guidelines (which varies depending on your family size), the court may waive the filing fee completely or approve payments in installments.