If your debt is out of control and you have no way to pay it
off, bankruptcy can be a positive solution. King & King can help you
discharge or eliminate your debts and obtain a clean financial slate.
If you have taken advantage of bankruptcy in the past, but
you have found yourself in the position of needing debt relief again, you may
be wondering if you are eligible to file for bankruptcy again. The answer is
yes. The type of bankruptcy you filed before will have an impact on both the
type of bankruptcy protection you may be eligible to seek and how long you need
to wait before you can file again.
Generally, the rules for filing a second bankruptcy are as
follows:
If you filed Chapter 7, you will have to wait 8 years before
filing Chapter 7 again.
If you filed Chapter 7, you may file another Chapter 13, but
you may not be eligible for a discharge until 4 years have passed.
Every situation is different and speaking to a qualified
bankruptcy attorney should be your next step. Our attorneys will be able to
review your current situation and advise you of the bankruptcy options
available to you. Call King & King bankruptcy attorneys today for a free
initial consultation. 404-524-6400 or visit us online at www.kingandkingattorneys.com for
more information.
Blogarama.com - Personal Finance Blogs
Blogarama.com - Personal Finance Blogs