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Weekly News – July 26

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Can You Buy Stock During Chapter 7 Bankruptcy?

Chapter 7 bankruptcy is used by individuals under extreme financial burdens to pay off their debts. Because Chapter 7 bankruptcy liquidates your assets to pay off those debts, buying stock during this time might be difficult.

How Often Can You File Bankruptcy?

It sometimes becomes necessary to file bankruptcy more than once. As an experienced bankruptcy attorney will tell you, while unfortunate, it is not rare. The need to refile often occurs as the result of unexpected circumstances, such as a job loss or medical expenses.
A question we are often asked is “Can I file another Chapter 7 or Chapter 13 bankruptcy and get my new debts discharged?”