Saturday, July 31st, 2010

How many years before able to file bankrupcy again?

It’s been 4 years since filing chapter 7 bankrupcy. Can I file again? This is a last resort and have no other choice thanks to my exhusband and his new girlfriend!

Eight years.

http://en.wikipedia.org/wiki/Bankruptcy_Abuse_Prevention_and_Consumer_Protection_Act
—————
Waiting period between filings:

Another change that resulted from the BAPCPA was an extension of the time between multiple bankruptcy filings. 11 U.S.C. § 727(a)(8) was amended to provide that the debtor would be denied a discharge if a debtor had received a discharge in a prior Chapter 7 case filed within eight (8) years of the filing of the present case. Prior to BAPCPA, the rule was six (6) years between chapter 7 filings. BAPCPA did not change the rule for the waiting period if the debtor filed a chapter 13 previously.

3 Comments on “How many years before able to file bankrupcy again?”

  1. capwest5a

    Eight years.

    http://en.wikipedia.org/wiki/Bankruptcy_Abuse_Prevention_and_Consumer_Protection_Act
    —————
    Waiting period between filings:

    Another change that resulted from the BAPCPA was an extension of the time between multiple bankruptcy filings. 11 U.S.C. § 727(a)(8) was amended to provide that the debtor would be denied a discharge if a debtor had received a discharge in a prior Chapter 7 case filed within eight (8) years of the filing of the present case. Prior to BAPCPA, the rule was six (6) years between chapter 7 filings. BAPCPA did not change the rule for the waiting period if the debtor filed a chapter 13 previously.
    References :


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