Is there a deadline for filing for bankruptcy?

Yes, there is a deadline for filing for bankruptcy in the state of Florida. If you are considering filing for bankruptcy, you must be aware of the Bankruptcy Code’s “automatic stay” provisions. Once a petition is filed, creditors are legally prohibited from taking further action against the debtor. Under the United States Bankruptcy Code, if a debtor wishes to file for bankruptcy protection, they must file their petition with the Bankruptcy Court within 180 days of their last payment on a debt. This rule applies to both Chapter 7 and Chapter 13 bankruptcy filings. If you fail to file your bankruptcy petition before the 180-day deadline, the creditor may be able to resume enforcement of the debt. This means that they could continue collecting on the debt. Depending on the type of debt, the collections may include garnishing wages and/or placing a lien on property. The 180-day deadline for filing bankruptcy is strict, and there is no way to extend it. Therefore, if you are considering filing for bankruptcy protection, you should do so as soon as possible to protect yourself. You should consult with an experienced attorney to ensure that your bankruptcy petition is filed in a timely and accurate manner.

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Is there a deadline for filing for bankruptcy?

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