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Wanted to know how often you can file bankruptcy I'm in quite a bit of debt and I need to file bankruptcy I live in the state of Illinois
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Family Law Attorney serving Joliet, IL
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June, Prodehl, Renzi & Lynch, L.L.C.
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It depends on what is being filed and what was filed before.
Basically, there is 8 years between Chapter 7 filings. If the prior filing was Chapter 13, the wait is 4 years.
The better advise is to consult a Bankruptcy attorney to verify as to your situation. For example, there may be other orders entered by the Bankruptcy Court that forms a bar to any filing. Also, where a move between states occurred, there are different time contraints for both venue and exemptions.
Answered on Jul 27th, 2017 at 12:22 PM