Nader & Berneman, Attorneys at Law

Are you facing financial stress because of your debts? Not sure what to do? Don't worry! We will try to clear all your doubts here. Bankruptcy is a life-changing procedure. It is crucial to know the complexities involved with the process. There are several reasons which may cause financial difficulties, and the ongoing pandemic has worsened the situation. If you are someone who is hounded by debt collectors then you may consider filing for bankruptcy. It is, however, subject to certain criteria that need to be met before you are eligible. Let’s know some crucial details regarding the bankruptcy process. Bankruptcy And Your Debts If you are experiencing severe financial problems because of debt and there is no way out, filing for bankruptcy can prove to be a good solution. First of all, it stops all the telephone calls from debt collectors, creditors and sometimes assists you against lawsuits. Filing for bankruptcy may also eliminate some debts such as credit card bills, medical exp...

The term 'bankruptcy' can bring a lot of questions, particularly when you have no prior knowledge. But don't worry, we are here to give you detailed answers and make you aware of the best practices.  Whether I can file for bankruptcy more than once or not! The quick and short answer to the question is, Yes, it is absolutely possible to file bankruptcy more than once. In fact, you can file bankruptcy as many times as the need arises because there are no particular limits whatsoever as to how many times you can file for bankruptcy. But having said that, there are some duration limits though before you discharge your debts. Let's have a closer look! How Often Can I Declare Bankruptcy?  We need to understand the limitations and exceptions clearly. For instance, under which section are you going to file your new bankruptcy, and after how much time! The time limit certainly depends on which type of bankruptcy you are going to file. So if you have previously filed for Chapter ...