0
How many times can you file for bankruptcy of any type in a lifetime?
Wiki User
∙ 8y ago
There is no legal limit to number of filings over a lifetime. However, the U.S. Trustee, a division of the U.S. Department of Justice, moniters serial filings and can object to a case if they think the multiple filings constitute an abuse of the Bankruptcy Code.
Please note that nothing in this posting or in any other posting constitutes legal advice; this is simply my understanding of the facts and law, which I do not warrant, and I am not suggesting any course of action or inaction to any person. Speak to a lawyer for specific advice. If you have any questions, please refer to a lawyer in your jurisdiction. Thanks!
Wiki User
∙ 8y ago
Add your answer:
Earn +20 pts
How many times can you file Chapter 7 bankruptcy in a lifetime?
Under the new law taking effect on 10/17/05, you need to wait 8 years after a Chapter 7 discharge before you are eligible for another Chapter 7 discharge.
How many times has Dodge gone bankrupt?
Chrysler bought the Dodge Bros company in 1928. Chrysler was near bankruptcy in 1979 when it received a government loan. It did file for bankruptcy in 2009 before being purchased by Fiat.
How many times has Lowe's Company ever filed bankruptcy?
11 times
Do you have to be late on payments to file bankruptcy?
No, but it helps. Many people pay their bills instead of buying groceries, but they can't sustain that for long. The test for bankruptcy is not so rigorous. If you spend what you should to live on, and you cannot pay your other bills as they come due, you can file.
How does a debt relief program work?
Deb releif comes in many forms.The most popular and common is a to file for bankruptcy.
How many times can you file Chapter 7 bankruptcy and can you claim taxes?
No limit
How many year after you file bankruptcy can you file bankruptcy aging?
If you are talking about a Chapter 7 bankruptcy, It takes 7 to 9 years after you can file bankruptcy again.
How many times can you file Chapter 7 bankruptcy in a lifetime?
Under the new law taking effect on 10/17/05, you need to wait 8 years after a Chapter 7 discharge before you are eligible for another Chapter 7 discharge.
How many times can you file bankruptcy in New Mexico?
You can receive a chapter seven discharge once every eight years.
Can a commercial bank file bankruptcy?
Sure, and many have
Why do divorced men file for bankruptcy?
PEOPLE file for bankruptcy because of economic circumstances. Divorced men would have less motivation to do so than many, as child support is a debt that cannot be changed by bankruptcy.
How many times has Dodge gone bankrupt?
Chrysler bought the Dodge Bros company in 1928. Chrysler was near bankruptcy in 1979 when it received a government loan. It did file for bankruptcy in 2009 before being purchased by Fiat.
How often can a airline file bankruptcy?
Currently many people thinks that american airlines will end up in bankruptcy. But American airlines stock gains after filing bankruptcy.
How often can one file bankruptcy for businesses?
The first step in filing bankruptcy for any business is to speak with a bankruptcy lawyer. There are many different types of bankruptcies and one needs to know which one to file before anything else can be done.
Is there a limit to filing Bankruptcy in a lifetime?
Under the new laws the limit is on how long a time there is in between different types of bankruptcy...so not a an actual limit to how many times. However, there is an actual department that checks to see how many times a new filier has previously filed, and serial filers, basically abusing the process, may find their cases denied.
How many times does your heartbeat in your lifetime?
During an average lifetime: over 2.5 billion times.
How many times has Charles Goodyear been in jail?
Charles Goodyear, the inventor of vulcanized rubber, was never in jail. He faced financial difficulties and bankruptcy during his lifetime, but he was not imprisoned.
