Will being self-employed years ago affect me from filing chapter 7 bankruptcy? 11 Answers as of July 17, 2017

I’m filing a chapter 7 Bankruptcy. I was self-employed 4 years ago but I’m not now.

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GARCIA & GONZALES, P.C.
GARCIA & GONZALES, P.C. | Richard N. Gonzales
That would be a no.
Answer Applies to: Colorado
Replied: 7/17/2017
Ronald K. Nims LLC | Ronald K. Nims
No, being self employed doesn't affect filing a chapter 7. However, if you currently have a business with assets, say you own a bulldozer for your landscaping business, that is an asset and you may have to turn it over.
Answer Applies to: Ohio
Replied: 7/15/2017
Stephens Gourley & Bywater | David A. Stephens
No, although you may have to provide a few more documents to the trustee.
Answer Applies to: Nevada
Replied: 7/15/2017
A Fresh Start
A Fresh Start | Dorothy G Bunce
A very high percentage of the Chapter 7 cases I file are for people who are self employed. So being self employed now or having been self employed is not, by itself, a barrier to filing Chapter 7 bankruptcy. Why would you think otherwise?
Answer Applies to: Nevada
Replied: 7/15/2017
Garner Law Office
Garner Law Office | Daniel Garner
Not likely, you just have to report it and also report if there are any assets remaining from your business, including receivables.
Answer Applies to: Oregon
Replied: 7/15/2017
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