Generally, an individual may choose to file for Chapter 7 personal bankruptcy relief when his expenses and bills outstrip his income. However, a person who wants to file personal bankruptcy must meet eligibility requirem... More » Government & Politics Law

Not all judgments can be discharged in a Chapter 7 individual bankruptcy filing. Certain types of obligations, including some judgments resulting from them, do not go away, according to Cornell University Law School. More » Business & Finance Credit & Lending

You can file bankruptcy and have federal student loans discharged, but only if a bankruptcy judge determines you have an "undue hardship" as defined by Congress, according to Educational Credit Management Corporation. Co... More » Government & Politics Law

An individual can file for Chapter 7 bankruptcy if his income is not over a certain amount and he passes the "means test," according to Nolo. If the individual has filed a previous bankruptcy within a certain period of t... More » Government & Politics Law

Lawyers calculate the amount of personal injury claims by adding economic damages, which stem from lost income, property damage, medical bills and other personal expenses incurred, to general damages, which include the p... More » Government & Politics Law

Plaintiffs and their attorneys determine the value of lawsuits by totaling any related medical bills, lost wages, lost earning capacity, incidental expenses and requested compensation for pain and suffering, according to... More » Government & Politics Law

The America’s Affordable Health Choices Act of 2009 limits the annual expenses out of pocket to $5,000 for an individual and $10,000 for a family. The bill also provides affordable premium credits for individuals and fam... More » Government & Politics Law