QUESTION

How often can you file bankruptcy

Asked on Jul 26th, 2017 on Bankruptcy - Illinois
More details to this question:
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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1 ANSWER

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

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