Chapter 7 Eligibility

Eligibility for Relief:  A person (individual, partnership, or corporation) that resides or has a domicile, a place of business, or property in the United States may be a debtor under Chapter 7, unless specifically excepted: Bankruptcy code § 109(a), (b);

a. Exceptions: The following persons are not eligible to be bankruptcy debtors under Chapter 7: Bankruptcy Code §109(b):

(1) Railroads: Bankruptcy Code §109(b)(l);

(2) Domestic banks, insurance companies, credit unions, savings and loan associations, building and loan associations, homestead associations, cooperative banks, and other similar institutions: Bankruptcy Code §109(b)(2);

(3) Foreign banks, insurance companies, and other similar financial institutions, that are engaged in business in the United States: Bankruptcy Code § 109(b)(3); and

(4) An individual or a family farmer who was a debtor in a case that was dismissed in the preceding 180 days because of the bankruptcy debtor's intentional failure to obey court orders or to appear before the court, or because of the bankruptcy debtor's request for a voluntary dismissal of the case following a party's request for relief from the automatic stay: Bankruptcy Code §109(g).

La Mesa, California