How Often can You File Bankruptcy in Illinois?


There is no limit to the amount of times that bankruptcy can be filed, but there are rules as to how much time must elapse between discharging debts. For example, a person cannot be discharged from debt in a chapter 7 bankruptcy within eight years of a chapter 7 debt discharge or within 6 years of a chapter 13 discharge. If you have previous filed for bankruptcy and feel you must do so again, it's best to contact an attorney to learn your options. You can find out more information here:
1 Additional Answer Answer for: How Often Can You File Bankruptcy in Illinois
Bankruptcy law provides for the development of a plan that allows a debtor, who is unable to pay his creditors, to resolve his debts through the division of his assets among his creditors... More »
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