You are over-indebted if you find yourself in a personal budgetary situation that no longer allows you to pay your creditors. In addition, your assets are also taken into account in order to see if it is not possible by reselling a property to improve your budget situation.
Warning ! Debts to the State (taxes!) Or professional debts cannot be taken into account.
An individual, a household which, because of a situation, can no longer repay its debts, its loans. A balance sheet is then established between your resources (salaries, income ...) and your expenses (rent, taxes, credits and commitments ...). The events that led to this situation are what we modestly call the "accidents of life":
Excluded are people who have voluntarily organized their over-indebtedness, either:
You must be declared in good faith and not have put yourself in a situation of over-indebtedness.
If your good faith is not recognized, the commission will rule your case inadmissible. Back to square one.