Q: If I retire from my job (64 yrs old) can my Chp 13 be converted to a Chp 7 if I can now pass the means test?
Is choosing to retire allowed as a reason to convert or is this considered the same as "quitting" in the eyes of the Bankruptcy court?
A: Yes, if your income falls below the median income you could qualify for a 7. You need to talk to your lawyer b/c converting to a 7 can have a negative impact on your assets.
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