Income limits vary by bankruptcy type, state, and household size, but they're typically higher than people expect.

Bankruptcy law does not set a single nationwide "maximum income" that cuts you off from relief. Instead, it asks a more practical question: after you pay for basic living costs and required bills, how much money is really left to pay creditors.

・Spirit Airlines filed for Chapter 11 bankruptcy protection in the Southern District of New York in August. ・A Reuters report, citing a Dec. 5 court filing in the Southern District of New York, said American Airlines has requested to receive all notices.

Filing for Chapter 7? Avoid the errors that could derail your bankruptcy case or leave you worse off financially.