Monday, November 28, 2011

How often can I file Bankruptcy?

Under the 2005 amendments to the bankruptcy code, a debtor may only file for chapter 7 bankruptcy every 8 years.  However, if there is any indication that a debtor is taking advantage of the bankruptcy system, the United State's Trustee's Office may investigate the particular case filing for "bad faith." 

This is an important aspect to consider in any bankruptcy case, and it is one of the first issues that I look at for each of my new cases. 

1 comment:

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