While there is an office that looks for repeat or serial fillers that abuse the process, it is a matter of time between filings that is most important.
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.
Yes, separated by years.
The plural of bankruptcy is bankruptcies.
Yes, a bankruptcy lawyer can assist with personal and business bankruptcies if you file for Chapter 7 bankruptcy.
Depends on the state/province, and country, and the individual credit agency. And additional bankruptcies will stay on longer At least 6 years, up to 10 years for first bankruptcies, and 14-20 years for additional bankruptcies
You do not have to report bankruptcies to future employers unless they require and pull your credit report. If they ask on your application form, you always have the right to refuse to answer.
Absolutely not...especially without modifications.
Chapter 13 laws are the laws that govern bankruptcies. These are different than Chapter 7 bankruptcies because these have a repayment plan by which you repay your creditors.
Sbarro and Friendly's are two companies that have recently filed for bankruptcy and financial experts expect bankruptcies to be down this year compared to recent years.
go to www.beatlandscreditrepair.com they have a lot of information about bankruptcies.
PMF Legal Blog - 2010 Biggest Bankruptcies and Bailouts 2-5 was released on: USA: 1 May 2012
Tradelines: 7 years Bankruptcies: 10 years
No, you can't have two separate bankruptcies at once. If you are under a chapter 13, and are no longer able to make your plan payments, then you can convert your case from a 13 to a 7.
Yes. Bankruptcies, tax liens and judgments are all public records.
yes. "To establish,uniform laws on bankruptcies throughout U.S."
You can't because there is no such law.
Financial panicsBankruptciesBoom and bust economyfinacial panics
No really accurate statistics can exist, because the cause of financial failure can be considered many different things by your own definition of things. However, it is well agreed that a large percent of personal bankruptcies are due to medical problems and costs, with or without insurance.
No. Penalties are not able to be discharged - although you must list them.
7 years is the reportable limit for normal tradelines. Bankruptcies stay on for 10 years.
10 years for a 7, 7 for a ch 11,13 (in general most states)
You can dispute bankruptcies and items included in bankruptcies the same as any other negative item on your credit report. You must submit a dispute letter to the credit bureaus stating why the item(s) are being disputed. The credit bureaus have 30 days to verify the items or it must be removed from your credit report.