A: You can file bankruptcy more than once. To file another Chapter 7 bankruptcy, there must be at least six years time from discharge to discharge. You can file a Chapter 13 bankruptcy at any time, so long as you intend to pay your creditors 100%. If you are going to be paying your creditors less than 100%, then it needs to be at least six years from your last discharge.
Attorney Diane Anderson answered a Frequently Asked Question Can I file Bankruptcy Again? By filing bankruptcy, you can wipe out most of your unsecured overdue debts and keep most of your possessions. As many know, debt causes all type of troubles including health, marital, physiological and self-esteem. Getting rid of undue debt with the assistance of a knowledgeable and experienced bankruptcy attorney can subsequently ease some of that stress. Be sure to return calls and emails from your attorney. If something significant happens in your life, let your bankruptcy attorney know about it. One of the most significant things we can do is educate our clients about what you can expect as your case progresses.
When considering filing bankruptcy for a business, you may have questions about what type is right for you. It’s important to seek the help of a concerned bankruptcy attorney like Diane Anderson. Call us today for free initial consultation. Call our offices are located in Folsom, and Jackson.