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Yes about every 7 years. * A chapter 7 can be filed 8 years after a previous chapter 7 discharge. A chapter 13 can be filed 4 years after a discharge of a BK 7, 11 or 12 and two years after a discharged 13.

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17y ago

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What are the two chapters a business can file bankruptcy under?

You can file bankruptcy for two possible reasons: you are unable to pay your debts or your creditors file for bankruptcy if you owe them more than 1000 dollars.


What is the average amount of debt do people have when they file bankruptcy?

More than they can pay


If you file for bankruptcy and it is dismissed will credit score go down?

More than likely if you file for bankruptcy your credit score will go down. They report the filings for up to seven years and sometimes ten.


Can you purchase another car before you file bankruptcy on another car?

sure you can, but you will loose new car when u file bankruptcy anyway.also need more than just a car payment to file bankruptcy. laws have changed to prevent people filing bankrupcy just to dodge paying there bills


Is it better to file bankruptsy or be late on bills?

It is less detrimental to your credit score to be late on paying your bills (more than 30 days late) than it is to file bankruptcy.


Can you keep your home if you file chapter 7 bankruptcy and owe more on your second mortgage than the first?

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What is personal Bankruptcy?

It is when an indivdual (or married couple) file for bankruptcy rather than a business or corporation.


Can you file bankruptcy in another state?

no, only in the state you are domiciled or if its a business, in the state where the business is located. More accurately, it can be filed in any state in which you have lived for more than half of the previous 6 months or have significant assets, or where the business has an office or other assets. You cannot file in more than one bankruptcy court.


Will your wife have to pay if you file bankruptcy?

If her name is on a loan that you file bankruptcy on than she would then be responsible for that loan. Filing a bankruptcy only gets your name off the loan(s), you would both need to file together.


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Can you be current on your credit cards and file chapter 13?

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Why do divorced men file for bankruptcy?

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