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Should I Get a Part-Time Job During my Chapter 7 Liquidation?

Posted By Majed on Feb 7, 2011 7:24am PST
In order to file for a Chapter 7 liquidation an individual must pass a means test, which determines that an individual allocates a certain, significant portion of his/her income to debt.  Thus, any additional income after the petition is filed and prior to a discharge must be reported to the trustee and will be included in the means test.

A desire to secure additional income during a period of financial distress is understandable.  However it could negatively impact your chance for a discharge.  If you are considering getting a second job and filing for Chapter 7, consult a Fears Nachawati attorney.
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