Chapter 7 bankruptcy can be a very effective way to get out from under a significant amount of debt. However, debt relief can sometimes be only temporary – many people have found themselves with financial troubles again after filing for bankruptcy protection. You may be able to file for Chapter 7 bankruptcy more than once – but only after meeting certain requirements.
Whether you are eligible to file Chapter 7 or not, you may have multiple options for dealing with financial problems even if you filed for bankruptcy in the past. However, you may wish to speak with somebody familiar with the laws at play. Fill out the following form to get in touch with a nearby bankruptcy lawyer for a free, no-obligation consultation.
Because it’s not uncommon that people can have debt troubles more than once, individuals can file Chapter 7 more than once if they meet specific requirements, including:
Because of the comprehensive nature of the debt relief provided by Chapter 7, both of these requirements are typically upheld regardless of your previous experience. Even if you don’t qualify for Chapter 7, though, there may be an option available to you.
Filing under a Chapter 13 bankruptcy may be a helpful option if you are ineligible to file Chapter 7 more than once. Because Chapter 13 sets up a monthly payment plan to reduce debts rather than dismissing them outright.
There is a catch, however. If you file Chapter 13 within 4 years of filing Chapter 7, you won’t be able to discharge debts through filing. In other words, though a payment plan is set, none of your debts will be dismissed for adhering to the plan. In many Chapter 13 cases credit card debt and medical bills are often reduced or cleared entirely at the conclusion of the process without being fully paid back. For this reason, many people wait 4 years before they consider filing Chapter 13 after they've filed a Chapter 7.
Depending on your personal situation, you may have multiple options to ease your financial difficulties. To better understand what your options mean to you, speak to a bankruptcy attorney. Connect with an attorney near you by completing the form on this page.
PAID ATTORNEY ADVERTISEMENT: THIS WEB SITE IS A GROUP ADVERTISEMENT AND THE PARTICIPATING ATTORNEYS ARE INCLUDED BECAUSE THEY PAY AN ADVERTISING FEE. It is not a lawyer referral service or prepaid legal services plan. Total Bankruptcy is not a law firm. Your request for contact will be forwarded to the local lawyer who has paid to advertise in the ZIP code you provide. Total Bankruptcy does not endorse or recommend any lawyer or law firm who participates in the network nor does it analyze a person's legal situation when determining which participating lawyers receive a person's inquiry. It does not make any representation and has not made any judgment as to the qualifications, expertise or credentials of any participating lawyer. No representation is made that the quality of the legal services to be performed is greater than the quality of legal services performed by other lawyers. The information contained herein is not legal advice. Any information you submit to Total Bankruptcy does not create an attorney-client relationship and may not be protected by attorney-client privilege. Do not use the form to submit confidential, time-sensitive, or privileged information. All photos are of models and do not depict clients. All case evaluations are performed by participating attorneys. An attorney responsible for the content of this Site is Kevin W. Chern, Esq., licensed in Illinois with offices at 25 East Washington, Suite 400, Chicago, Illinois 60602. To see the attorney in your area who is responsible for this advertisement, please click here, or call 866-200-8052.
FLORIDA ONLY: Total Bankruptcy is considered a lawyer referral service in the state of Florida under the Florida Rules of Professional Conduct. By all other standards, Total Bankruptcy is a group advertisement and not a lawyer referral service.
If you live in Mississippi, Missouri, New York or Wyoming, please click here for additional information.
By an Act of Congress and the President of the United States, we are a federal Debt Relief Agency. Attorneys and/or law firms promoted through this Web site are also federally designated Debt Relief Agencies. They help people file for relief under the U.S. Bankruptcy Code. Disclosures Required Under the U.S. Bankruptcy Code.