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How Long After Chapter 7 Can You File Chapter 13 in Michigan

Posted on by Kostopoulos Bankruptcy Law

Filing for bankruptcy again in Michigan can be a critical step in regaining financial stability. If you are asking, How long after Chapter 7 can you file Chapter 13? In Michigan, you can file Chapter 13 bankruptcy immediately after a Chapter 7 discharge or dismissal. However, to receive a Chapter 13 discharge, you must wait four years from the filing date of your previous Chapter 7 case. Filing Chapter 13 sooner can still protect your assets and stop foreclosure, but the discharge eligibility requires this mandatory waiting period.

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Frequently Asked Questions

How long after Chapter 7 can you file Chapter 13 in Michigan
You can file Chapter 13 immediately after Chapter 7 in Michigan, but must wait four years to get a discharge in the new case.
Can I file Chapter 7 after Chapter 13
Yes, you can file Chapter 7 after completing Chapter 13, but you must wait six years to receive another discharge unless you paid all unsecured debts in full during Chapter 13.
How often can you file Chapter 7
You can file Chapter 7 again eight years after the filing date of your prior Chapter 7 to receive a new discharge.
Can I file Chapter 13 after Chapter 7 to stop foreclosure
Yes, filing Chapter 13 after Chapter 7 can stop foreclosure immediately using the automatic stay, even if you are not eligible for a discharge.
Is it worth filing Chapter 13 after Chapter 7 if I can't get a discharge
Yes, if you need to stop foreclosure, catch up on mortgage arrears, or restructure secured debts, Chapter 13 may still help even without a discharge.

Can I Rent an Apartment While in Chapter 13 in California?

Posted on by Kostopoulos Bankruptcy Law

Yes, you can rent an apartment while in Chapter 13 bankruptcy in California, but there are a few key factors to keep in mind. Your bankruptcy filing will appear on your credit report, and some landlords may hesitate to rent to you.

However, if you have a steady income and can demonstrate the ability to meet rent obligations, many landlords will still consider your application. It may help to look for individual property owners rather than large complexes, as they tend to have more flexibility. Be prepared to provide proof of income, a strong rental history, and possibly a larger security deposit to improve your chances.

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Frequently Asked Questions

Can I spend money during Chapter 13?
Yes, you can spend money during Chapter 13, but your disposable income is allocated to your repayment plan. Essential living expenses like rent, food, and utilities are allowed, but large or non-essential purchases may need court approval.
Can you get an apartment with a bankruptcy on your credit report?
Yes, you can rent an apartment with a bankruptcy on your credit report. Some landlords may be cautious, but providing proof of income, a strong rental history, and offering a higher security deposit can improve your chances.
How long do bankruptcies stay on your record?
A Chapter 13 bankruptcy stays on your credit report for seven years from the filing date. During this time, it may impact your credit score and rental applications, but responsible financial behavior can help you rebuild credit.
Can I convert from Chapter 13 bankruptcy to Chapter 7?
Yes, you can convert from Chapter 13 to Chapter 7 bankruptcy if you meet eligibility requirements, such as passing the Chapter 7 means test. Conversion may be beneficial if you're struggling with your Chapter 13 repayment plan. Court approval is required for the conversion.

Also, you can convert from Chapter 7 to Chapter 13 bankruptcy. You must meet the eligibility criteria, such as having a regular income to fund a repayment plan. This may be beneficial if you want to keep certain assets or catch up on missed payments.

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