Can you file for Chapter 7 with no income?
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Bankruptcy filings have been climbing as Americans continue to grapple with several looming economic issues, including persistent inflation and high interest rates on borrowing options. When you factor in that household debt is sitting at its latest record high , and that credit card debt, in particular, has now reached a total of over $1.21 trillion, the increase in bankruptcies makes even more sense. After all, Chapter 7 bankruptcy offers the promise of a fresh financial start for those who
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