katecross

Filing for Chapter 7 bankruptcy in Virginia involves a structured legal process aimed at providing individuals with a fresh financial start by liquidating assets to pay off debts.Individuals must meet certain eligibility criteria to file for Chapter 7 bankruptcy, including passing the means test, which evaluates income, expenses, and debt obligations.Before filing for Chapter 7 bankruptcy, individuals must complete a credit counseling course from a court-approved agency within 180 days.