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I filed chapter 13 bankruptcy in 1993 when I lost my job. I filed chapter 7 bankruptcy in 2003 due to divorce. I now find myself in debt again, $40k unsecured debt, and I'm about to lose my home to foreclosure. I still have my job and make $80k per year, but struggle every month to pay all my bills. Am I eligible to file for bankruptcy a 3rd time if necessary?

savior70 · Posted: Tue Nov 10, 2009 7:04 am Post subject:

Hi,

You can surely file bankruptcy for a third time, provided you can prove to the court that you are filing bankruptcy for genuine reasons and in good faith. You need to wait for 8 years to again file chapter 7 bankruptcy after a discharge from a previous chapter 7 bankruptcy. Since you were discharged from the previous bankruptcy in 2003, you will have to wait till 2011 to again file chapter 7 bankruptcy. However, you will be able to file chapter 13 bankruptcy, if you want.

raymond · Posted: Wed Nov 11, 2009 3:16 pm Post subject:

>>Am I eligible to file for bankruptcy a 3rd time if necessary?

Yes, and you can file now. Your previous bankruptcy's fell under the old bankruptcy laws, so you can file for chapter 7 or 13.

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