{"id":286965,"date":"2021-01-12T08:27:58","date_gmt":"2021-01-12T13:27:58","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-law\/bankruptcy\/what-is-bankruptcy\/can-you-file-for-bankruptcy-while-unemployed.html"},"modified":"2023-11-03T14:05:23","modified_gmt":"2023-11-03T19:05:23","slug":"can-you-file-for-bankruptcy-while-unemployed","status":"publish","type":"page","link":"https:\/\/www.findlaw.com\/bankruptcy\/what-is-bankruptcy\/can-you-file-for-bankruptcy-while-unemployed.html","title":{"rendered":"Can You File for Bankruptcy While Unemployed?"},"content":{"rendered":"\n
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Can You File for Bankruptcy While Unemployed?<\/h1>\n
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\n By FindLaw Staff<\/a> | Legally reviewed by Susan Mills Richmond, Esq.<\/a>\n | Last updated\n
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The last updated date refers to the last time this article was reviewed by FindLaw or one of our contributing authors<\/a>. We make every effort to keep our articles updated. For information regarding a specific legal issue affecting you, please contact an attorney in your area<\/a>.<\/em><\/p>\n\n <\/div>\n <\/details>\n<\/section>\n

Can unemployed people file for Chapter 7 bankruptcy or Chapter 13 bankruptcy? In short, yes.<\/p>\r\n

Filing for bankruptcy does not depend on your job status, and many filers may seek debt relief after losing a job and not having enough income. Choosing the correct type of filing for your bankruptcy case depends on your financial situation, including the amount of your debt, payment plan options, and your outlook on getting a new job<\/a>.<\/p>\r\n

It can be hard to tell which bankruptcy plan you should file for if you are unemployed. Both bankruptcy plans can stop a foreclosure, for example, but one involves liquidating your assets and the other restructuring your finances.<\/p>\r\n

You should consider the details of both Chapter 7 and Chapter 13 plans:<\/p>\r\n