Is there a deadline for filing for bankruptcy?

Yes, there is a deadline for filing for bankruptcy in California. Generally speaking, if you want to file for bankruptcy in California, you must file within 90 days of the date you incur a debt. This is known as the “90-day rule.” However, there are exceptions to the 90-day rule, such as if you had a change of residence or a change in your financial circumstances. In addition, if you are filing for Chapter 7 bankruptcy, the court may allow you to file up to 180 days after the date of the debt in certain cases. If you were to wait too long beyond these deadlines, as set forth by the 90-day rule, you would risk not being able to file for bankruptcy. If you fail to file for bankruptcy within the allotted time, creditors may be able to pursue collection, garnishment, and other legal remedies against you to collect the debt. For this reason, if you are considering filing for bankruptcy, it is important to speak with a qualified attorney as soon as possible. An experienced attorney can advise you of the deadlines and laws in California related to bankruptcy and help you determine the best course of action for your situation.

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Is there a deadline for filing for bankruptcy?

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