bankruptcy

Under the bankruptcy laws effective on October 17, 2005, Chapter 7 cannot be filed unless the debtor was discharged from the previous Chapter 7 or bankruptcy more than eight years ago.

The debtor cannot file a Chapter 13 unless: (1) the debtor received a discharge under Chapter 7, 11 or 12 more than four years ago; or (2) the debtor received a discharge under Chapter 13 more than two years ago.

Note: The above are discharge dates  

          Corporations frequently file under Chapter 11 - (a reorganization) - there are virtually no restraints to how many times or length of time between filings of this type, although the Court must agree that there is a benefit and possibility of a re-organization instead of a dissolution.