If you filed a prior case and received a discharge of your debts, you can only file a second Chapter 7 bankruptcy case eight years after you filed the first case.

What happens if you file Chapter 7 twice?

You can file for bankruptcy twice or even three times, even if you have received a discharge. If you file for bankruptcy again prior the time limits, then you will not be entitled to a discharge, and your remaining debts will survive the bankruptcy.

Can I keep my house if I file Chapter 7 in Tennessee?

The Tennessee homestead exemption allows people to file Chapter 7 bankruptcy and keep their homes as long as they do not have too much home equity. Exemptions are laws that allow you to keep certain amounts and types of property even though you filed for bankruptcy.

What happens when you file Chapter 7 bankruptcy in Tennessee?

The basic idea in a chapter 7 bankruptcy is to wipe out (discharge) your debts in exchange for your giving up property, except for “exempt” property which the law allows you to keep. (see bankruptcy – Tennessee exemptions) In most cases, all of your property will be exempt.

How often do you have to file Chapter 7 bankruptcy?

Here are the timeframes if you plan to file the same bankruptcy chapter that you filed the first time: You’ll have to wait eight years after the filing date of the first Chapter 7 case before filing the second case.

How much does it cost to file bankruptcy in Tennessee?

If you file a Chapter 7 bankruptcy in Tennessee using Upsolve, the online questionnaire will populate your answers directly into the forms. There is a fee required for filing your Chapter 7 bankruptcy in Tennessee. The current Chapter 7 filing fee is $338.

What’s the difference between Chapter 7 and 13 bankruptcy?

Chapter 13 is called “debt adjustment”. It requires a debtor to file a plan to pay debts (or parts of debts) from current income. Most people filing bankruptcy will want to file under either chapter 7 or chapter 13. Either type of case may be filed individually or by a married couple filing jointly. (see Tennessee Bankruptcy Law’s Chapter 7 or 13?)