People sometimes find it necessary to file bankruptcy again. The good news is you can file again; the bad news is you may want to wait a while. Under the new bankruptcy law, you can file a Chapter 7 bankruptcy eight years after you initially filed for Chapter 7 . You must wait four years […]
Filing bankruptcy again: How long must I wait?
December 13th, 2007 · No Comments
Tags: chapter 13 · chapter 7 · new bankruptcy law · stop home foreclosure
Chapter 7 vs. Chapter 13: What’s the difference?
November 10th, 2007 · No Comments
With a Chapter 7 Bankruptcy, many types of debt can be eliminated completely. However, not everyone is eligible to file for Chapter 7 bankruptcy. Multiple factors (such as your income level, family size, medical bills, etc.) determine whether you are eligible for Chapter 7. A Rhode Island attorney experienced with bankruptcy should be […]
Tags: chapter 13 · chapter 7 · new bankruptcy law · rhode island · stop home foreclosure
Bankruptcy filings on the rise in Rhode Island
September 1st, 2007 · No Comments
After the new bankruptcy law was passed in 2005, the number of bankruptcy filings in Rhode Island declined significantly.
Now the number of bankruptcy filings is rising. In the first quarter of this year 583 Rhode Islanders filed for bankruptcy, according to court records, which is nearly double last year’s filings.
Tags: new bankruptcy law · rhode island