Can a senior file for Bankrupcty after few years out of the country due to unemployment, cathastrophic financial situation and illness.

Bankruptcy eligibility is not contingent upon your age or where you live.  I think your question was intended to be whether or not certain debts are dischargeable in a Chapter 7 case.   A debt being sold to a collection agency or being put in "chargeoff" status does not affect whether or not the debt is dischargeable in bankruptcy.   A debt is dischargeable unless it falls into one of the many exceptions set forth in 11 U.S.C. 523 The most common exception being debts incurred through fraud.  In the vast majority of cases, if you're talking about standard consumer-type debts like credit cards or medical bills, they are dischargeable. You need to consult with a bankruptcy attorney in your area for a more comprehensive consultation. Mark J. Markus, Attorney at Law Handling exclusively bankruptcy law cases in California since 1991. http://www.bklaw.com/ bankruptcy blog: http://bklaw.com/bankruptcy-blog/ Follow Me on Twitter:  @bklawr