What Is The Bankruptcy Lookback Period in California? 6 Months? 90 Days? 1 Year?
People often ask about "lookback" periods in bankruptcy. What are they? While the word lookback is not mentioned anywhere in the Bankruptcy Code, Bankruptcy has several different lookback periods which people often refer to regarding a case. I will discuss them below. The Six (6) Month Bankruptcy Lookback The 6-month lookback refers to calculation of budget eligibility for people filing bankruptcy that have "primarily consumer debts". Consumer debts are those used primarily for household/personal things. For example, credit cards used [...]