WebIf you have a lot of cards, let’s say you have 20 credit cards or so and you go to a bank or lender for a loan (Auto, personal, Mortgage, etc.), they might look at the amount of credit you have as a higher risk to default with that score. This is compared to someone with 20 cards with a higher 700 - 800 credit score.

Do I make too much money to file bankruptcy in New Jersey?

WebSep 23, 2024 · For a second bankruptcy, it may take 24 to 36 months. In any case, if you are an individual with tax debt of over $200,000 that totals more than 75% of your total … WebAs long as you make less than the maximum amount allowed for your family size, you pass the test and qualify for a chapter 7 bankruptcy. However, if you fail the median test, you may still qualify under the means test. The means test is a complex calculation that factors in not only your income and family size, but also your monthly expenses. jobs in grand blanc mi

Do you make too much money to file bankruptcy?

WebThe first step to determining if you really do make too much money to file bankruptcy (which isn’t likely) is to calculate your income. If you make less than the median income … WebLol this guy has to be trolling you and I’m pretty sure you have to be trolling too. That or you have 0 life experience. Unless it’s medical bills they are not going to negotiate with you lol. It’s debt you signed up for. It will destroy your credit and they will keep coming for you until you either pay or file bankruptcy. WebJun 7, 2016 · However, some people that make over a certain amount of money every year cannot file for a Chapter 7 case and instead have to file a Chapter 13 bankruptcy. This … jobs in grande cache alberta