Can a debtor file for bankruptcy more than once?
Filing a bankruptcy case gives you a fresh start to recover after a financial crisis without the burden of debts you cannot pay hanging over your head. By filing a Chapter 7 or Chapter 13 bankruptcy case, you can get out of debt, protect retirement savings, and keep your property.
Older debtors filing is the recent trend in bankruptcy?
A recent trend is that older debtors are beginning to file bankruptcy with more frequency. The rate is more than double what it was in the early 1990s. The rate of debtors over the age of 65 filings for bankruptcy increased over 200% from 1991 to the present. The cause of this increase is the […]
Bankruptcy Filings Decline by 2.2 Percent (10.31.18)
According to a report published on the US Court Government website on October 31, 2018, bankruptcy filings fell by 2.2 percent for the 12-month period ending September 30, 2018, compared with the year ending September 30, 2017. The September 2018 annual bankruptcy filings totaled 773,375, compared with 790,830 cases in the previous year, according to […]