4 ms·

Debatable if you’re sick and elderly with little savings.

• kube-system 7y ago
  Not at all, that sounds like the most ideal candidate possible for bankruptcy. The situation you describe would likely be a "no-asset" chapter 7, where the person filing doesn't have to surrender any assets. The majority of chapter 7 cases are. The worst part of the process would be getting together the few hundred bucks you need for the lawyers fees.