I thought it was 7 years between chapter 7 filings, a friend said it
had been shortened to 6. Is that right?
Seven years is how long a Ch. 7 stays on your credit report. Six is
the period during which you cannot file another Ch. 7. You could,
however, file a 13; indeed some people file a 7, then a 13 immediately
after (sometimes called a "20") to discharge debts of a sort
non-dischargeable in a 7.
http://www.expertlaw.com/library/pubarticles/Bankruptcy/chapter_7_bankruptcy.html
Nothing major has changed recently. But if the Bankruptcy Reform bill
is enacted, many or most people will find bankruptcy no longer
available, or no longer useful.
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