Can I file for bankruptcy every few years?
No. Once a discharge is granted, a debtor who filed under Chapter 7 or 11 is prohibited from filing for another 6 years. However, a debtor who filed under Chapter 7 can file a chapter 13 before the 6 year bar is over, but not another Chapter 7.
Other Chapter 11 Bankruptcy FAQs
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Q:
I want to know if I qualify for bankruptcy – what are the eligibility requirements?
A: Depending on the type of bankruptcy proceedings that you wish to file, there are different eligibility requirements that are set by federal law, and thus apply … More -
Q:
What is a Bankruptcy Trustee and who is The United States Trustee?
A: In all chapter 7, 12, 13 and in some chapter 11 cases, a case trustee is assigned. In chapter 7 cases they are called Panel Trustees. In chapter 12 and 13 cases they … More