How to Enter Chapter 7 Bankruptcy Protection?

Answer Individuals experiencing personal financial problems have several viable options available to them. One such option is bankruptcy. Entering into bankruptcy provides the individual with legal protec... Read More »

Top Q&A For: How to Enter Chapter 7 Bankruptcy Protection

How to Define "Chapter 11 Bankruptcy Protection"?

Chapter 11 bankruptcy protection is the term commonly used for reorganizations under Chapter 11 of the United States Bankruptcy Code. Businesses and individuals may file Chapter 11 bankruptcy, alth... Read More »

What are the pros and cons of a condominium association filing for chapter 11 bankruptcy protection?

From the association's viewpoint, a positive aspect is that this filing presents a position to all creditors that the association is working through its cash flow/ debt issues, so that payments can... Read More »

How soon after filing a chapter 7 bankruptcy can you file a chapter 13 bankruptcy?

The U.S. Bankruptcy Code allows debtors to file for bankruptcy multiple times, but has changed the number of years you must wait between filings. Previously, a debtor could file under either Chapt... Read More »

Can you file Chapter 7 bankruptcy after filing a Chapter 13 six months ago that was dismissed?

You can file bankruptcy at any time, even if you filed six months ago, according to Bankruptcy Law Network. If the courts discharge your debt, however, you must wait four years between a Chapter 7 ... Read More »