Can I File for Bankruptcy More Than Once?

Just because you have filed for bankruptcy before does not protect you from financial problems in the future. Whether it is divorce, a medical emergency or you are the victim of fraud, you could find yourself facing the prospect of bankruptcy again. However, is it even possible to file for bankruptcy more than once?

Can I File for Bankruptcy Twice?

Yes, even if you have filed Chapter 7 or Chapter 13 bankruptcy before and received a discharge, you can file for bankruptcy again in necessary. However, if you file bankruptcy again too soon after your last bankruptcy filing, you will probably not receive a discharge.

How Long Do I Have to Wait Before Filing for Bankruptcy Again?

If you filed Chapter 7 bankruptcy, to receive a discharge when you file Chapter 7 again, you must wait to file your second Chapter 7 bankruptcy until eight years after your first Chapter 7 was filed.

If you filed Chapter 13 bankruptcy, to receive a discharge when you file Chapter 13 again, you must wait to file your second Chapter 13 bankruptcy until two years after your first Chapter 13 was filed.

If you filed Chapter 7 bankruptcy, to receive a discharge when you file Chapter 13 bankruptcy, you must wait to file Chapter 13 until four years after your Chapter 7 was filed.

If you filed Chapter 13 bankruptcy, to receive a discharge when you file Chapter 7 bankruptcy, you must wait to file Chapter 7 until six years after your Chapter 13 was filed.

Do I Need a Lawyer If I’ve Already Filed for Bankruptcy Before?

If you want your bankruptcy to go smoothly and help you accomplish your goal of overcoming your debt problems and getting your finances back on track, you need to discuss your situation with an experienced bankruptcy attorney before you file. In the video below, New Jersey bankruptcy attorney Gary Mason explains the benefits of speaking with a lawyer before filing for bankruptcy.

The New Jersey bankruptcy attorneys at Garland & Mason have years of experience successfully helping individuals and businesses get their finances back on track.



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