I filed Bankruptcy about 5 years ago and i think it was a Chapter 7, am i able to file Chapter 13 now?
2006-08-10 02:23:20 · 4 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
Congress passed bankruptcy reform laws in 2006. The length of time after a Chapter 7 case that you must wait before filing another Chapter 7 case has been increased to 8 years.
You may not receive a discharge in a Chapter 13 case for 4 years if you received a discharge in a case filed under chapters 7, 11, or 12 during the past 4-years, or for 2 years if you received a discharge in a case filed under chapter 13 during the past 2-years. This does not mean that you cannot file a Chapter 13 case, but it does affect what you can accomplish in a second case.
Atlhough you should confirm this with a local attorney, it sounds like you might be eligible for a Chapter 13 case.
2006-08-10 19:32:17 · answer #1 · answered by Carl 7 · 1⤊ 0⤋
If your previous bankruptcy was a Chapter 7, you can file for a Chapter 13 after 4 years. So yes, you can file again now.
You can NOT file for a Chapter 7 yet, as the new bankruptcy laws extended the refile period.
2006-08-10 11:34:31 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I believe you can file bankruptcy every 7 yrs. But in my opinion, if you need to file 5 yrs after you already did you got problems.
2006-08-10 09:27:28 · answer #3 · answered by Paul M 2 · 0⤊ 0⤋
I found some good info here.
2006-08-10 16:10:50 · answer #4 · answered by Anonymous · 0⤊ 0⤋