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Bankruptcy Law/Chapter 7 Bancruptcy

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Expert: - 4/19/2009


Question
If I filed for bancruotcy in January 2002 and it was discharged in May 2002, could I file again since I have lost my job and am experiencing extreme financial hardship?

Answer
Chapter 7 can be filed 8 years and 1 day from your prior chapter 7.
You can otherwise do a chapter 13, if you have enough monthly disposable income to pay a percentage to your creditors. Otherwise, try to stick it out 8 more months until you are eligible again in Jan 2010

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Terry Leeders

Expertise

Handles Chapter 7 and Chapter 13 bankruptcy cases.
10 years of extensive bankruptcy experience. Filed over 3000 cases
Chicago Bankruptcy Lawyer website
"One On One Personal Service You Deserve"

Experience

I have been practicing bankruptcy law for 10 years. I have helped over 3000 consumer bankruptcy clients in that time.

Organizations
Chicago Bar Association Illinois Bar Association

Publications
author of Chicago Bankruptcy Blog
Chicago Chapter 13 Bankruptcy Blog
Illinois Bankruptcy Law Blog
Fresh Start Partners

Education/Credentials
University of Illinois Thomas M. Cooley Law School
Chicago Bankruptcy Lawyer website

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