Can You File For Bankruptcy If You Are Unemployed?

You are not required to be employed to file a Chapter 7 Bankruptcy. In fact, depending upon your prior or future income, your period of unemployment may be the only time that you will qualify. Regular income is not required unless your seeking a Chapter 13 Plan of Reorganization. Chapter 7 cases do not require that any income be shown or demonstrated. Many people utilize the time between jobs to complete their bankruptcy filings.