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Can you file chapter 7 on your corporation?

Updated: 8/17/2019
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15y ago

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That type of BK is available to corporations wanting to dissolve.

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15y ago
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Q: Can you file chapter 7 on your corporation?
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Related questions

In Kentucky How long after bankruptcy can you file chapter 7 and can you file chapter 13 after chapter 7?

You can file bankruptcy again 7 years after the last time you filed.


Can you file again if you filed in may 2005 on chapter 7?

You can file a chapter 13 bk, but NOT another chapter 7.


How long do you have to be unemployed to file chapter 7?

You do not have to be unemployed to file bankruptcy.


When can you file a chapter 7 bankruptcy if you had a chapter 7 discharged in December 2001?

The bankruptcy petitioner can file another chapter 7 8 years after the date of filing of a previous chapter 7.


Can you file chapter 7 bankruptcy now after filing in July 2004?

A person can file chapter 7 after 8 years from a previous chapter 7. So the answer is NO.


How long after filing chapter 11 can you file chapter 7?

Chapter 11 is virtually always on for CORPORATIONS and is a "reorganization" rather than a liquidation. Chapter 7 dissolves the corporation. C-7 can happen, and frequently is, shortly after C-11 (actually converting the C-11), especially if no viable reorganization plan can be found.


What if you file chapter 7 will you still owe creditors if you have a corporation?

To the extent of your personal guarantee for the corporate debt, or if both you and the corporation borrowed the money, you will not owe anything if the debts are discharged in your personal chapter 7. If the corporation has any assets, it will be subject to lawsuits and attachments by the creditors. You should discuss the situation with an experienced bankruptcy attorney, as it may be better to wind up the corporation before filing a personal bankruptcy.


How soon after filing for a Chapter 7 Bankruptcy can you file another?

if your still in chapter 7 you have to get out first but you can file again check the laws in you state on chapter 7. laws has chang.


Refile chapter 7?

How soon after filing Chapter 7 Bankruptcy, can you file either Chapter 13 or Chapter 7 Banruptcy again?


You have huge debt medium income do not want chapter 13 will divorce let us file chapter 7?

Divorce will not affect filing chapter 7. If the divorce is final, you will have to file separate chapter 7s. If the divorce is not final, or has not happened, you can file a joint chapter 7.


If Husband and you filed chapter 13 in June but he lost his job in December and now you need to convert to a chapter 7 the only problem is he filed chapter 7 in 2004 can you still file a chapter 7?

You would be able to file for chapter 7 but not your husband.


How long do you have to wait in order file file chapter 7 bankruptcy again?

chapter 7 filings 8 years from the time of discharge and the time for filing a chapter 13 after a chapter 7 discharge 4 years.