Eligibility is not based upon amount of debt. It is based upon a comparison of income and allowable expenses.
If you have 12 children, i can almost guarantee you will qualify. If you are single, it depends on your bills.
Meet with an attorney get a solid idea of where you are at.
Please contact me directly with document for a free 30 minute consultation to get more concrete advice. This is not legal advice. I don't have enough information to give actual legal advice. I can only take the limited information presented and provide a framework to know how your situation may turn out. I may have questions that bring up issues you did not think were important but make a big difference.
At the end of the month, after you pay your necessary living expenses, how much money do you have left over to put towards paying your debts?
In my practice, that is the crucial question few people are is able to answer without further work. To help find the answer to this question, I recommend pre-bankruptcy credit counseling at www.cricketdebt.com because besides fulfilling the requirement for the bankruptcy court, they also provide you with your credit report
Hope this perspective helps!
There is no straight forward answer to your question. We should discuss your circumstances, including your income for the past 6-months. If you would like to go through the process and see if you are eligible, please feel free to call me. 425-818-4818.
Michelle C. Kaplan