How Many Years Apart Can You File Bankruptcy?

Answer

In the US, bankruptcy is a formal insolvency proceeding.There are more than one kind of bankruptcy and each country may have their own laws regarding bankruptcy. In the United States, all bankruptcy cases are filed in the United States Bankruptcy Court, but the claims and exemptions are dependent upon the individual States laws. In the US, there are six types of bankruptcy located at Title 11 of the United States Code. Chapter 7 is the type filed by most individuals and business. For a Chapter 7, you can file eight years apart, or eight years from the last time you filed a Chapter 7.
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Bankruptcy
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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