How Old Do You Have to Be to File for Bankruptcy? Age Requirements Explained
Are You Old Enough to File for Bankruptcy? Filing for bankruptcy is a serious decision, but for many, it offers a crucial path to financial recovery. One of the most common questions we hear from young people facing financial pressure is: “ How old do I need to be to file bankruptcy? ” The Legal Age to File Under U.S. bankruptcy law, the minimum age to file for bankruptcy on your own is 18 years old . That’s because 18 is generally considered the age of majority , meaning you’re legally an adult and can be held responsible for contracts—including debt agreements. This applies to both Chapter 7 (liquidation) and Chapter 13 (reorganization) bankruptcy filings. 💡 Note: Bankruptcy law doesn't list a strict age. Instead, it relies on state laws. Since most states recognize 18 as adulthood, that becomes the practical age limit. Can Someone Under 18 Ever File Bankruptcy? Yes—but only in very rare cases . A minor might be able to file bankruptcy if they meet certain conditio...