Springville, AL asked in Bankruptcy for Alabama

Q: Can I file for bankruptcy if I get by personal checks. I work in a private home.

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2 Lawyer Answers
Kevin M Ryan
Kevin M Ryan
PREMIUM
Answered
  • Bankruptcy Lawyer
  • Loxley, AL
  • Licensed in Alabama

A: Yes. Receiving income via cash, private income, Bitcoin, or any other means can be disclosed to the Court to comply with 11 USC 521 / 11 USC 707 via an Affidavit prepared by your Attorney. The value of the compensation has to be disclosed to the Court. It must be included on the Means Test unless it is a type of income that is exempt, such as Social Security, VA disability and a short list of other incomes listed under the bankruptcy code.

David Luther Woodward agrees with this answer

Timothy Denison
Timothy Denison
Answered
  • Bankruptcy Lawyer
  • Louisville, KY

A: Yes. Should be fine.

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