Can Bankruptcy Be Filled More Than Once? Bankruptcy Can Be Filled More Than Once! YES, IT IS POSSIBLE TO FILE BANKRUPTCY MORE THAN ONCE! In fac t,
you
can file bankr u p t c y as man y
There are no limi t s as
B ut ha v ing said
to
ho w man y
that, there
before
you
times
times you
the
as
need arises .
can file for bankr u p t c y.
are some d u ra t ion limi t s
your
discharge
though
deb t s .
Chapter 7 vs Chapter 13 THERE ARE CERTAIN LIMITATIONS AND EXCEPTIONS In Case of Chap t er Yo u' ll ha v e
to wait
7
for
Yo u can file for Chap t er
In Case of Chap t er
Bankr u p t c y :
8 years
13
af t er
13
before
4 years
from
file ano t her Chap t er
the
da t e
you
7.
las t Chap t er
7.
Bankr u p t c y:
Yo u can file ano t her Chap t er Yo u can file for Chap t er
to
7
af t er
13
6 years
again af t er
from
the
2 years.
da t e of Chap t er
13.
Exception If
you
ha v e paid
100%
file chap t er These are deb t,
the
7
deb t s from
utilities,
the
of
o ut s t anding deb t s ,
you
bankr u p t c y immedia t el y.
unsecured
credi t ors s u ch as credi t card
medical bills , or an y s tu den t loan as par t of Chap t er
Or af t er pa y ing a t leas t
can
13
70%
your
bankr u p t c y filing .
of
the
claims in
your
Chap t er
13
case .
Frequency of Filing Bankruptcy Affect Debt Discharge? YES, IT DOES! Yo u' ll no t be en t i t led bankr u p t c y
to
a discharge if
within 2 years
of filing
Chap t er In Chap t er
unsecured Chap t er
13,
7
bankr u p t c y,
credi t ors or
you will
your
file for
pre v io u s
13.
you
70%
you
m u s t ha v e paid
or more in
no t be en t i t led
your to
your
pre v io u s
a discharge .
When Can You Not File For Bankruptcy? Yo u can ’t file for a bankr u p t c y case af t er
the
dismissal of
Yo u ma y be ineligible
your to
under
an y chap t er
within 180
da y s
las t bankr u p t c y case .
file bankr u p t c y if made req u es t s
to the
bankr u p t c y j u dge pre v io u sl y, also called mo t ions .
Filing a bankr u p t c y case
when
ineligible
will
res u l t in dismissal of
the
case and ma y impose f u r t her ineligibili ty e xt ensions .
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