Legal Question in Bankruptcy in California

bankruptcy

i filed for bankruptcy last july of 1999 and was discharged on the same year. This time, my financial status is so shaky and very bad that i am contemplating on filing for bankruptcy again. is this possible ?


Asked on 3/04/08, 2:12 pm

3 Answers from Attorneys
Carl Starrett Law Offices of Carl H. Starrett II

Re: bankruptcy

The new laws require debtors to wait 8 years before being eligible to receive another Chapter 7 discharge. Under section 727(a)(8) of the Bankruptcy Code, the 8 year period runs from the original filing date of your prior Chapter 7 case. If you meet the current qualifications for a Chapter 7 case, you are legally eligible to receive another Chapter 7 discharge.

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Answered on 3/04/08, 2:40 pm
Robert F. Cohen Law Office of Robert F. Cohen

Re: bankruptcy

Depending upon whether you qualify, you would not be barred by the 8-year requirement.

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Answered on 3/04/08, 3:32 pm
Allen Farshi Law Offices of Allen Farshi

Re: bankruptcy

Seems like you need to wait till year 2009 before filing

Good luck

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Answered on 3/04/08, 5:03 pm


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