Question

 What does it mean to file bankruptcy?

Answer Filing for bankruptcy means that someone is undergoing a legal process that asserts that they are unable to pay their outstanding debts. Chapter 7 and Chapter 13 bankruptcies are the most common.So... Read More »
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Top Q&A For: What does it mean to file bankruptcy

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 »
http://www.answerbag.com/q_view/1999348

How often can someone file bankruptcy in MD?

In the United States, bankruptcy is governed by the federal government rather than at the state level, explains Cornell University Law School. Like those in other states, Maryland residents must wa... Read More »
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Did GM file for bankruptcy?

General Motors (GM) officially filed for bankruptcy on June 1, 2009. GM sold several of its brands, including Hummer and Saab, in an attempt to restructure the company. A slimmed-down GM emerged fr... Read More »
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How soon can I file for bankruptcy again?

An individual can file a Chapter 7 bankruptcy once every eight years. A Chapter 13 can be filed every six years if over 70 percent of the previous claims are paid. A Chapter 13 can be filed four ye... Read More »
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