There are no time restraints for the normally Corporate Chap 11 refilings...and there are other processes that may be used that are similar. Clearly, unless a real feasible and beneficial plan of reorganization can be presented to the court fairly quickly, with at least some creditor support, the court will not provide BK protection and would probably entertain motions to convert it to a Chap 7 or dissolution.
C-11 is almost exclusively for Corporations. It is available almost without restraint. However as it is a re-org, a company that exited one recently will most certainly have to satisfy the Court to an even higher degree that the next plan is really able to succeed.
There are no time limits for filing a Chapter 13.
All debt and all assets must be included in your filing. And then you must wait at least years before filing again...and again all things must be included.
It depends on the chapter you filed under. If you filed under Chapter 7, you have to wait 8 years before filing again. If you filed under Chapter 13, you only have to wait four years.
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.
How soon after filing Chapter 7 Bankruptcy, can you file either Chapter 13 or Chapter 7 Banruptcy again?
After filing for Chapter 7 bankruptcy, there is a required waiting period before you can refinance again. Both Freddie Mac and Fannie Mae, require a waiting period of 4 years after the dismissal date.
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.
C-11 is for Corporations, not people. There is no time limit between these corporate filings. Some Cos have done them very close together when the first re-org ideas failed quickly.
Of course...in fact it is the best way to go about it.
THIS QUESTION HAS BEEN ASKED AND ANSWERED MANY, MANY TIMES.IT IS PART OF THE DATABASE HERE.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.AnswerAs of October 17, 2005, the new time limit for filing a Chapter 7 is now eight (8) years from the discharge date of a previous "7" filing. The time limit for a Chapter 13 is four (4) years from the discharge date of a previous "7" and two(2) years from the discharge date of a previous "13".
For another Chapter 7... 6 years from the date of filing. The date of discharge does not matter. If you want to file a Chapter 13, you can do that immediately after the 7 discharge.
If it is a Chapter 7 Bankruptcy, you have to wait 8 years before you can file it again.