Legal Question in Bankruptcy in Illinois

Can I take a lower paying job prior to chapter 7 filing

I will be filing for chapter 7 bankruptcy in a couple months. I have a job offer for my dream job that appears to be a big pay cut. Company car and year end bonus makes up deficit and this year I have an unusually high income at my current job that makes this look worse. Will judge come down hard on me for taking a lower paying job thenfiling?


Asked on 7/21/07, 9:22 pm

1 Answer from Attorneys

Terrance Leeders Leeders Law

Re: Can I take a lower paying job prior to chapter 7 filing

You should take the job. As long as you are not doing it to temporarily skew your budget, you will be fine. Contact me if you would like help filing the bankruptcy.

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Answered on 7/25/07, 12:24 pm


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