Can I file bankruptcy again

Letter to “Ask Leon”

I filed bankruptcy back in March 2001 and now I’m being sued civilly by two big name brand companies for have a guy in china counterfeit products on my website at the time was unknown to me until I started receiving cease and desist letters. I own an online website but I’m a sole proprietor so Plaintiffs’ named my personal name in the lawsuit and just listed my domain names dab’s. Can you tell me is there anyway I can filed BANKRUPTCY!

Leon Says…

A person is not eligible to discharge any debts under Chapter 7 until it has been more than eight years from the date the previous case was commenced. Even if you were eligible now for a Chapter 7 discharge, it is likely that the plaintiff would have a basis to object.

However, there may be hope for you! You can look into filing Chapter 13. Even under the new law, there is still a “loophole” in Chapter 13 that may allow you to discharge this debt, even though it might be no dischargeable in a Chapter 7.

For more info on what Chapter 13 does and the eligibility requirements, you can begin by checking out the following guide, and of course consult immediately with a highly respected local bankruptcy attorney. Get yourself the best representation that you can find, because this may be a difficult case. Please see Guide at:

http://www.debt-relief-bankruptcy.com/faq-browse11-17/bankruptcy-guide.asp