If you have filled a bankruptcy in 2000 and it discharged in May 2001 when can you start to file again?

If you have filled a bankruptcy in 2000 and it discharged in May 2001 when can you start to file again? Do you have to wait until 8 years has passed before you can start the process? I dont quit understand the laws.

This entry was posted on Wednesday, November 26th, 2008 at 6:56 pm and is filed under Bankruptcy Law. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

6 Responses to “If you have filled a bankruptcy in 2000 and it discharged in May 2001 when can you start to file again?”

1. diceroller_1982 Says:
   November 29th, 2008 at 9:12 pm

   I think you have to wait at least 7 years after it was discharged.

2. SB Says:
   December 1st, 2008 at 7:01 am

   Maybe you should see a financial counselor if you have this much trouble managing money.

3. Tom Z Says:
   December 2nd, 2008 at 10:23 pm

   If a discharge is issued in a Chapter 7 case, a debtor cannot file for such relief again for 8 years. In addition, a report of a bankruptcy filing goes on a debtor’s credit report for up
   to 10 years. The discharge date is when the 8 year period is counted from not the filing date.

   Are you eligible to file Chapter 7?

   1st. Stage of the Bankruptcy Means Test: Check to see if the monthly average of your last 6 months gross income is below the median income for your state. If it is you can file Chapter 7

   2nd. Stage of the Bankruptcy Means Test: If your income is slightly higher than your state’s median income you may still be able to file Chapter 7. Your bankruptcy lawyer will be able to make this calculation and also advise on allowable expenses that can be used in the calculation.

   Two extra hoops to jump through:

   A person filing Chapter 7 bankruptcy will have to take an approved Credit Counseling Course within the 6 months before he or she files. Your bankruptcy lawyer can set this up for you or you can find a list of approved credit counselors here. In some cases the course can be taken over the Internet.

   An approved Financial Management Course will have to be completed before you can be discharged. Your bankruptcy lawyer can set this up for you

   An approved Financial Management Course will have to be completed before you can be discharged. Your bankruptcy lawyer can set this up for you.

4. Jeff T Says:
   December 3rd, 2008 at 8:53 am

   I think you should take more responsibility and pay up on what you owe. It’s every 7 years though you can refile. you are whats wrong with america today.

5. the mannn Says:
   December 3rd, 2008 at 12:37 pm

   good job buddy

6. Lesley Says:
   December 3rd, 2008 at 5:04 pm

   8 years from te date you filed chapter 7 so some time in 2008. If you filed a chapter 13, you can already file a 7.