Do you want to know how often can you file chapter 7 type of bankruptcy? Well, the answer to that depends upon which original type of bankruptcy you filed before. If your original bankruptcy is chapter 7, then it would take about 8 years before you can file a chapter 7 type of bankruptcy. This is because you can only file bankruptcy again once your bankruptcy status is discharged and if you file a chapter 7, it would take a period of 8 years before your chapter 7 type of bankruptcy status get discharged.
If your original bankruptcy is chapter 13, this will also affect on how often can you file chapter 7 bankruptcy. Chapter 13 takes about 4 years before it is discharged from your status so it would take the same time about 4 years before you can file a chapter 7.
The first thing you need to do is prepare your papers before you can file them in the bankruptcy court. There are a few methods which you can do in order to have your papers prepared and get ready to be filed. The easiest method is to go to a bankruptcy lawyer and hire him full time. This can save you a lot of work. But this can be very expensive and because you are financially unstable, that would be an additional financial problem. You can also try to find yourself some lawyers who do free legal aid which are few and hard to find these days.
The second thing you can do to have your papers prepared is to have a petition
preparer do it for you. These are people who are authorized and specialized in filling up bankruptcy forms. You must make sure that the petition preparer you hired conforms to the law. In most cases, you will only need to pay him a flat fee for the service. The advantage of this is that you avoid the risk of having errors in your bankruptcy papers that otherwise can be found by a bankruptcy trustee who checks your bankruptcy papers and you can save a lot of money.
The last thing you can do if you are really out of money is to prepare your bankruptcy papers yourself. This is difficult and you run the risk of making mistakes in your papers because you are inexperienced. Mistakes can cause you to have your bankruptcy papers denied or amend and in the worst scenario, having to give up more properties than you are supposed to give up.
There are many ways you can file bankruptcy but I suggest you hire a petition preparer or a bankruptcy lawyer to prepare your papers for you, and then pay them their flat fee. After that go to the bankruptcy court and file your papers. For more support on how to file bankruptcy, visit the link below.
ARTICLE SOURCE: http://www.articlesbase.com/finance-articles/how-often-can-you-file-chapter-7-bankruptcy-1439610.html
AUTHOR: Steve Young
