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A person may be restricted from filing for bankruptcy if they have filed for Chapter 7 bankruptcy and received a discharge within the last eight years, or if they have previously filed for Chapter 13 and received a discharge within the last six years. Additionally, if someone has had a bankruptcy case dismissed in the recent past due to failure to comply with court orders or fraud, they may face a restriction on re-filing. Finally, individuals who do not complete mandatory credit counseling before filing may also be barred from bankruptcy.
What else can I help you with?
Do you need a lawyer if you are filling for bankruptcy?
You do not need a lawyer if you are filing individually. If you are filing for bankrupcty and you are in a corporation or in a partnership with someone, a case needs to be created, so you would need a lawyer.
Where can someone erase credit card debt without going into bankruptcy?
There is no legal way to erase credit card debt without filing for bankruptcy. If this was possible, then the inventor would be extremely rich, and no-one would have any debts.
Can filing for bankruptcy stop foreclosure?
Generally speaking, filing for bankruptcy protection temporarily halts ALL collection actions for all creditors, including foreclosures.
I had traffic tickets from 7 yrs ago that were sent to collections C O of the court I filed for Chapter 7 Bankruptcy those debts were discharged under the bankruptcy do I still owe the debts?
If tickets were discharged after filing for bankruptcy then someone would not owe on these debts.
Can someone add a debt onto their bankruptcy even though the debt occurred after they had filed for Chapter 7?
No, this is considered a post-petition debt. It would not be covered by the bankruptcy, you would legally owe this debt. Bankruptcy only covers charges up to the filing date. Not the meeting date,not the discharge date and not the closing date.
Do you include your mobile home when filing for bankruptcy?
You haven't said where this is. -That would very likely come under the bankruptcy laws of your province or state.
How much debt should one have before filing for bankruptcy?
It would depend on the person as to how much debt one would have to have before filing for bankruptcy. Some people can have more debt than others and be ok with it, while others would feel the need to file.
How long after a chapter 7 bankruptcy can someone get a car lease?
You can get a car lease immediately after filing for Chapter 7 bankruptcy. Since it would be a post-petition debt, there is no waiting period provided that you qualify income wise. Some lenders may require you to have a discharge, however, it is not required under the law to lease post-filing.
What is in chapter 7 for bankruptcy information?
In Chapter 7 bankruptcy, you would achieve the end ultimately faster, and basically be able to restart your financial life sooner. It is the most common form of bankruptcy and debts would be discharged months after filing the bankruptcy.
Is it ok to purchase a vechile after filing bankruptcy?
probably not because you would probably have bad credit because filing for bankruptcy so id have to say wait awhile.
Would filing chapter 7 bankruptcy clear foreclosure from your credit report?
No, in fact it will leave a Bankruptcy record on your credit report for 10 years.
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.
