How often can you file for bankruptcy?

Answer 1

Currently, basically as many times as you can stay within these guidelines:

Under the bankruptcy laws effective on October 17, 2005, Chapter 7 cannot be filed unless the debtor was discharged from the previous Chapter 7 or bankruptcy more than eight years ago. The debtor cannot file a Chapter 13 unless: (1) the debtor received a discharge under Chapter 7, 11 or 12 more than four years ago; or (2) the debtor received a discharge under Chapter 13 more than two years ago.

Answer 2

Bankruptcy laws were reformed in 2005 making the time limit between chapter 7 filings 8 years from the time of discharge and the time for filing a chapter 13 after a chapter 7 discharge 4 years.

Answer 3

Under the bankruptcy laws effective from October 17, 2005, Chapter 7 cannot be filed unless the debtor was discharged from the previous Chapter 7 or bankruptcy more than eight years ago. The debtor cannot file a Chapter 13 unless: (1) the debtor received a discharge under Chapter 7, 11 or 12 more than four years ago; or (2) the debtor received a discharge under Chapter 13 more than two years ago.

Answer 4

A previous Chapter 13 bankruptcy filing will have an effect on your eligibility to file a Chapter 7 bankruptcy. For instance, if your Chapter 13 was dismissed, you will have to wait 180 days from the date of dismissal, whereas if you filed Chapter 13 and repaid at least 70 percent of your debts, you will be able to file a petition for Chapter 7 bankruptcy anytime thereafter. In contrast, if you received a complete discharge under Chapter 13, or you did not repay at least 70 percent of your unsecured debt, you will have to wait at least six years to receive a discharge.

Answer 5

I think you can file for BK twice in your lifetime and you can do it 7 years after you filed the first one. But, filing BK is your only last resort because it stays in your record for 10 years.

Answer 6

There is no limit as to quantity, only spacing. If filing Chapter 7, you must wait eight years from last filing of a Chapter 7, or six years from last filing of Chapter 13. If filing a Chapter 13, you must wait four years from last filing of Chapter 7 or two years after a discharge of a previous Chapter 13 case.

Answer 7

Eight years after the discharge of a previous chapter 7, four years after the completion of a chapter 13.

Answer 8

Every 7 years.

Answer 9

Usually, every 7 years.