How Often Can You FIle For Bankruptcy?
I Filed for Chapter 7 Bankruptcy Before Can I File Bankruptcy Again?If you obtained a previous Chapter 7 bankruptcy discharge then you need to wait 8 years from the date you filed your previous Chapter 7 bankruptcy to file another Chapter 7 bankruptcy. You The date is counted from the time you filed your previous Chapter 7 Bankruptcy and not from the date of discharge. If you filed the past Chapter 7 bankruptcy in July 2005, then by July 2013, 8 years have passed and you can file for Chapter 7 bankruptcy protection again.
If you are looking to file for Chapter 13 bankruptcy protection then you do not have to wait 8 years to file. In order to get a full discharge in a Chapter 13 bankruptcy you must wait 4 years from the date you filed for Chapter 7 bankruptcy. If you file Chapter 13 bankruptcy within 4 years of your Chapter 7 bankruptcy then your unsecured debts will not be discharged. You unsecured debts include debts from credit cards, medical bills, personal loans, and repossessions.
I Filed for Chapter 13 Bankruptcy Before Can I FIle Bankruptcy Again?If you filed for Chapter 13 bankruptcy protection and obtained a discharge and you need to file a Chapter 7 bankruptcy, then you need to wait at least 6 years from the date of filing. If you paid your unsecured creditors at least 70% in your previous Chapter 13 bankruptcy, then you can file within 6 years and obtain a full discharge. If you file Chapter 7 bankruptcy within 6 years of your Chapter 13 bankruptcy and you did not pay your unsecured creditors at least 70% then you will not discharge your unsecured debts.
If you would like to file another Chapter 13 bankruptcy then you need to wait at least 2 years from to obtain a full discharge. If you file before the 2 year period, then you will not obtain a discharge of your unsecured debts.