By Ralph A. Ferro, Jr. Esq. July 1st, 2013 Add new comment If I earn over $100,000 gross income per year, can I be eligible for bankruptcy? Yes, it is possible. However, this evaluation requires a thorough analysis of what you own, what you earn and what you owe to determine eligibility. In fact, several of my clients earned over $100,000 per year and successfully filed for bankruptcy.