OK I live in Georgia and I filed Ch.7 about 2 years ago........no I got myself into a mess again and was wondering if I could file Ch.13........is there a time frame on which you have to wait to file again?
2007-01-09 15:33:12 · 5 answers · asked by Jenn 1 in Business & Finance ➔ Personal Finance
no, you can only file once every 10 years. good luck!
2007-01-09 20:25:39 · answer #1 · answered by Meg 5 · 0⤊ 1⤋
There are rules and limitations to filing bankruptcy more than once, but it is entirely possible to do so. Depending on the details of the past declaration, you may have to wait to file again to be in compliance with the time limits set by your circumstances. You can file bankruptcy at any time if you did not obtain a discharge of debts from the previous case, otherwise it’s advisable to wait until the time limit is up before filing again. If you are unable to make it through the waiting period, you will not be able to file for a full discharge. In short, the following time guidelines only apply to you if you had your previous debts discharged in bankruptcy.
After a Chapter 7 Bankruptcy Discharge
You have to wait a total of 8 years from a prior Chapter 7 filing if you received a discharge of your debts. If circumstances prevent waiting the entire time then you will be liable for all debts this time around. There is the option of filing Chapter 13 after a total of 4 years have passed if you’re relying on a discharge to erase your debts. As with the other bankruptcy declaration, if you try to file before the time limit has passed then you’ll find yourself liable for any valid debts.
After a Chapter 13 Bankruptcy Discharge
The rules are a little different in this scenario because the amount you paid in the last filing will influence your ability to obtain a full discharge if you file Chapter 7 bankruptcy earlier than the time limit of 6 years. If you paid at least 70% of the amount owed the last time you declared, you can file early and still get the debts dismissed. Otherwise, the exception does not apply and you’ll have to take responsibility. Only 2 years must pass if you’re going to file Chapter 13 again with the intention of dismissing liability for debts.
2015-05-11 05:37:34 · answer #2 · answered by ? 1 · 0⤊ 0⤋
You can file a chapter 13, you may not be eligible for a discharge, but you can get relief from the bankruptcy code by filing a chapter 13.
2007-01-11 08:37:55 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Don't know about Georgia, but in NY you have to wait 7-10 yrs and the debt has to be really large. Call a lawyer and ask.
2007-01-09 15:41:25 · answer #4 · answered by ruth4526 7 · 0⤊ 0⤋
You need to stop this is amazing you know people pay for your errors lady and who the heck gave you credit again so quick. You get to enjoy good things and not pay for them wile I work my butt off just to get by and have nothing you should have to pay up you spent it grow up and pay for it yourself!!!!!!!!!! Stop your poor me act.
2007-01-09 15:40:21 · answer #5 · answered by Katie 3 · 0⤊ 1⤋