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10 years. 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.
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∙ 16y ago
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∙ 16y agoUnder the bankruptcy laws effective from 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.
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∙ 16y agoUnder 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.
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∙ 15y agoSeven. 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.
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∙ 16y agoBankruptcy is not part of financial planning.
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.
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∙ 14y agoIt depends on why you were not able to complete your initial chapter 7 bankruptcy petition. Generally, you cannot be discharged of debt under Chapter 7 if you received a Chapter 7 discharge within the six years before the filing of this petition. You are however allowed to file for chapter 13 if you only filed for chapter 7 once already. For many that is the best and easiest option.
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∙ 15y agoNo fixed limit...but the court would get a bit picky...and at least really review the plan as feasible and fair.
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∙ 14y agoAs of 2005 law changes, you need to wait 8 years from filing Chapter 7 bankruptcy case to file another Chapter 7 bankruptcy case.
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How many years before you file chapter 7 after you filed chapter 13?
4 years between filings.
How many years will filing for bankruptcy be on your record?
10 years
How many year after you file bankruptcy can you file bankruptcy aging?
If you are talking about a Chapter 7 bankruptcy, It takes 7 to 9 years after you can file bankruptcy again.
Can you file bankruptcy twice in Michigan?
Bankruptcy is a Federal court and legal action. Your State makes little difference (albeit some federal district courts use the laws common to the States in their jurisdiction for some things in their rulings). * Bankruptcy laws were reformed in 2005 making the time limit between 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.
Should you file Pro se in simple chapter 7 bankruptcy?
You can but I don't recommend it. Many people do it successfully and many do it wrong and blow the outcome of their filings. Read the post at my blog on this very subject. Good luck to you. http://californiabankruptcycentral.blogspot.com/2010/06/should-you-file-bankruptcy-pro-se.html
How many years before bankruptcy comes off credit report?
7 years
How many times can one declare bankrupcty?
While there is an office that looks for repeat or serial fillers that abuse the process, it is a matter of time between filings that is most important. BANKRUPTCY TIMING 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.
How many years is bankruptcy?
In the US, a bankruptcy will remain on your credit history for seven years, minimum. Creditors may seek to re-add the BK information on your credit report, even after the seven years.
How many times can you file for bankruptcy of any type in a lifetime?
There is no legal limit to number of filings over a lifetime. However, the U.S. Trustee, a division of the U.S. Department of Justice, moniters serial filings and can object to a case if they think the multiple filings constitute an abuse of the Bankruptcy Code. Please note that nothing in this posting or in any other posting constitutes legal advice; this is simply my understanding of the facts and law, which I do not warrant, and I am not suggesting any course of action or inaction to any person. Speak to a lawyer for specific advice. If you have any questions, please refer to a lawyer in your jurisdiction. Thanks!
10k credit cards debtand fill out for bankruptcy you will be clean again or not?
Possibly ... but it's going to take many years ... possibly between 7 and 15 years to clear all the debt from your credit history.
How many years do you remain blacklisted?
We will assume this questionis regarding filing Bankruptcy. You are never blacklisted during bankruptcy. It will remain on your credit report maximum of 10 years. That does not mean you will not be able to reestablish credit after filing bankruptcy during those years. What you will be able to obtain will depend on your payment history after the bankruptcy, the type of credit applied for and the length of time since you filed.
How many years is bankruptcy in Canada?
im assuming its 7 years! its 7 years in the states (america) but someone tole me it 4 yrs?
