Do i qualify for chapter 7 bankruptcy?
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You will qualify for Chapter 7 bankruptcy as long as you have not been discharged from a previous bankruptcy in the last 8 years, or you have not been discharged from a Chapter 13 bankruptcy in the last 6 years. Chapter 7 bankruptcy should be considered a ",last resort",, especially considering the vast array of options consumers have now to manage their debt and seek reductions in interest and payments.
