Is Bankruptcy an option for me?

[readvantage]

Husband and I declared BK (7) in 2002 in CA. We did not own property then. We both had messy and expensive divorces which prompted the BK. We had recovered over the years and actually did well enough to buy 2 houses. We were also planning on moving to FL so we purchased a home there and continued to live in CA till the house was finished. We planned to move after the house was done. When the house was done, we had some legal custody issues that prevented us from moving to FL. Since we both had good jobs, we were able to handle both payments...until I got lad off. Long story short, ALL our bills were behind, including the CA mortgage. We have renegotiated with the CA mortgage but lost the FL house to the bank. Now the 2nd MTG from the FL is coming after us and all our other bills are just spinning out of control. Can we use BK protection now? We'd like to keep the CA house as we don't really want to end up renting again. Any advise out there?

[boiler704]

You are able to file chapter 13 4 years after a chapter 7 discharge but you won't be able to file another chapter 7 until 8 years after the first.