Yes, but new bankruptcy reform will become effective on Oct 17, 2005. Some previous filings may or may not be deemed retroactive as to when they can be filed, as the new law will change the time frame to eight years. It will also become very difficult to file a Chapter 7 bankruptcy if the debtor has any disposable income. IRS guidelines will be used to determine the type of bankruptcy that will be allowed.
my chapter 7 bankruptcy discharged Jan 2002 when can i apply again
Yes, you can file a new chapter 7 after 8 years from the date of filing the previous chapter 7.
In 2001, Vlasic filed for Chapter 11 bankruptcy protection
Pacific Gas and Electric filed for Chapter 11 bankruptcy in April 2001
No. The Federal restrictions sill apply. She can file again after a certain period. Bankruptcy is not part of financial planning. Under the bankruptcy laws effective on October 17, 2005, Chapter 7 cannot be filed unless the debtor was discharged from the previous Chapter 7 or bankruptcy more than eight years ago. The debtor cannot file a Chapter 13 unless: (1) the debtor received a discharge under Chapter 7, 11 or 12 more than four years ago; or (2) the debtor received a discharge under Chapter 13 more than two years ago.
Bankruptcy is not part of financial planning. Under the bankruptcy laws effective on October 17, 2005, Chapter 7 cannot be filed unless the debtor was discharged from the previous Chapter 7 or bankruptcy more than eight years ago. The debtor cannot file a Chapter 13 unless: (1) the debtor received a discharge under Chapter 7, 11 or 12 more than four years ago; or (2) the debtor received a discharge under Chapter 13 more than two years ago.
Enron was filed for bankruptcy on December 2nd 2001
Enron was filed for bankruptcy on December 2nd 2001
The bankruptcy petitioner can file another chapter 7 8 years after the date of filing of a previous chapter 7.
No. A Chapter 13 that is converted to Chapter 7 must have been ORIGINALLY filed at least 8 years from the prior Chapter 7. So, if you filed Chapter 7 in 2001, then filed Chapter 13 in 2005, you can't wait until 2009 and then convert the 13 to 7 since it was filed within 4 years of the prior 7. In this case, you would have to wait until 2009 and then DISMISS the Chapter 13 and re-file a new Chapter 7 after the 8 years from the prior 7 expired. 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!
This Q has been asked and answered about a zillion times before....the answer remains the same...and would have been available to you immediately had you followed the Wiki system: Under the bankruptcy laws effective on October 17, 2005, Chapter 7 cannot be filed unless the debtor was discharged from the previous Chapter 7 or bankruptcy more than eight years ago. The debtor cannot file a Chapter 13 unless: (1) the debtor received a discharge under Chapter 7, 11 or 12 more than four years ago; or (2) the debtor received a discharge under Chapter 13 more than two years ago.
i had file chapter 7 2001,the city i live keep sending notice to clean up perperty u ,it been over 11 years since the property i close up moved out ,i get fines ,pull my licence,driver licince how do i get the property out of my name , the bank will not take it what should i do?
Troy-Bilt started out owned and manufactured by Garden Way Inc of Troy, NY. In 2001 the company filed chapter 11 bankruptcy and was bought out by MTD who also owns Cub Cadet and Bolens they are now manufactured in Cleveland, Ohio at the Troy-Bilt LLC plant.
Troy-Bilt started out owned and manufactured by Garden Way Inc of Troy, NY. In 2001 the company filed chapter 11 bankruptcy and was bought out by MTD who also owns Cub Cadet and Bolens they are now manufactured in Cleveland, Ohio at the Troy-Bilt LLC plant.