A discharged debtor cannot use Chapter 7 of the Bankruptcy Act again for at least six years.

Question

Quizplus · Accepted Answer

This statement is true. According to the Bankruptcy Code, a debtor who receives a discharge under Chapter 7 cannot file for Chapter 7 again for a period of eight years from the date of the previous filing. However, the debtor may be able to file for bankruptcy under a different chapter, such as Chapter 13, sooner than six years after a Chapter 7 discharge.

A Discharged Debtor Cannot Use Chapter 7 of the Bankruptcy