How to Convert Chapter 13 to Chapter 7 in Idaho
- 1). Compare your current monthly income to the average monthly income in Idaho. As of March 2, 2010, the current average monthly income for residents of Idaho was $3,302. If you make less than this amount, you qualify to convert your Chapter 13 bankruptcy to a Chapter 7.
- 2). Consider whether your monthly income is steady. If not, you may still qualify to convert your current bankruptcy to a Chapter 7 by meeting the annual income requirements. As of 2010, an individual filing alone will meet the Idaho requirements if he makes $39,625 or less each year. The more family members you have living in your household, the greater the amount you will be allowed to make and still qualify.
- 3). Request a Means Test form from the courthouse. You must fill out the form and answer questions about your income, family size and expenses. All of this information will be taken into consideration when you apply for a conversion.
- 4). Request a Notice of Conversion from the courthouse. In some districts, you may be able to download this form online and print it. This is the document that formally requests a conversion of your Chapter 13 bankruptcy to a Chapter 7 bankruptcy. Fill out the Notice of Conversion.
- 5). Deliver the completed Means Test form and Notice of Conversion to the county courthouse where you filed your original Chapter 13 bankruptcy. You will also need to pay the filing fee. The filing fee in Idaho is $15.
- 6). Wait for the court to approve or deny your conversation request. This normally takes place within a week. The court will then contact you either by telephone or mail to inform you of your new bankruptcy status.
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