Displaying posts tagged with

“chapter 7”

How often can you file chapter 7 bankruptcy?

Are you serious? I would hope once would be enough to learn how to deal with money. I think it is every 7 yrs, but I could be wrong. Buy the book 'Bankruptcy,' go to chapter 7, rip it out, and put it in a file folder. DUH! You can file every 7 years but [...]

Advantages of Filing a Chapter 7 Bankruptcy in Illinois.

 No Housing Expense for 10 to 12 Months:  A Chapter 7 filed prior to, or closely after a foreclosure filing will result in the Debtor living in the property for cost of utilities only for 10 to 12 months, possibly more.  The foreclosure process itself takes 10 to 12 months to work its way through [...]