Filing for Repeat Bankruptcy?
File successfully with a Gainesville bankruptcy attorney!
The thought of filing for bankruptcy twice can seem taboo and many people are hesitant to do so, even if their financial circumstances would benefit as a result. If you are experiencing similar reluctance, rest assured that repeat bankruptcy is nothing to be ashamed of and is completely permissible by law.
It is, however, important to be aware of the requirements for repeat bankruptcy before filing. I have been assisting residents of Gainesville, Ocala and throughout North Central Florida with the bankruptcy process for over 20 years. I can guide you toward a favorable outcome. With an in-depth knowledge of the law and a commitment to my clients’ best interests, you can have confidence in my representation.
What are the requirements for repeat bankruptcy?
Bankruptcy law is complex and repeat filings are no different. The time limits imposed on those who hope to file again apply to anyone whose debt was discharged in their first filing. If your debt was not discharged, you are not bound by the same constraints.
Federal law requires anyone filing twice to abide by the following time constraints:
- Eight years: anyone filing for Chapter 7 after filing a previous Chapter 7 bankruptcy
- Six years: anyone filing for Chapter 7 after filing a previous Chapter 13 bankruptcy
- Four years: anyone filing for Chapter 13 after filing a previous Chapter 7 bankruptcy
- Two years: anyone filing for Chapter 13 after filing a previous Chapter 13 bankruptcy
Each bankruptcy case is different, and your previous filing may have a unique effect on your second filing. My firm takes the time to understand the specifics of your situation before crafting a strategy that best meets your needs. I am here for you throughout the entirety of your case and can deliver the compassionate legal counsel you need.