How much debt do you need to have to file for Chapter 7 bankruptcy? The US Bankruptcy Code hasn't set a minimum debt amount to be eligible for a Chapter 7 bankruptcy discharge. A maximum limit has been set though. For secured debts like homes or cars, the maximum dischargeable debt is $1,257,850.00. For purposes of unsecured debt, like credit cards, medical bills, or personal loans, the limit is $419,275.00. These debt limits are in place for all of 2021 year. To find out more about this and for sound legal advice that is based on years of experience, training, hard work, and passion. Call attorney Harry Kaufman today for a free consultation. For More Bankruptcy Audios: https://www.hckaufmanlaw.com/bankruptcy-audio-faq Attorney Harry C. Kaufman 445 Hamilton Ave Suite 1102 White Plains, NY 10601 (917) 985-6294