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Chapter 7 Bankruptcy Timeline

8 or 6 Years Before Your Chapter 7 Bankruptcy You are eligible for a Chapter 7 discharge after 8 years have passed from the date you filed a prior Chapter 7 case and received a discharge; or after 6 years…

If Your Bankruptcy was Denied

The ability to file for bankruptcy is dependent on the chosen type of bankruptcy. You can file a Chapter 7 once every eight years, starting from the filing date, not discharge. You can file for Chapter 13 after successfully completing…

How to Avoid Filing Bankruptcy: The Alternatives

Before filing for bankruptcy you may want to consider alternatives. Consulting with a lawyer is recommended in order to avoid overlooking important details and to ensure things are done the correct way. Some alternatives may be: Negotiate with creditors: Open…

Can You Convert Your Existing Chapter 11 to a Subchapter 5?

in March (2020), a Bankruptcy Court in Michigan allowed a debtor, who had filed for bankruptcy before the Small Business Reorganization Act of 2019 (SBRA) amendments, to proceed under Subchapter V of chapter 11. The judge’s opinion joins a growing…

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