Can I File Bankruptcy More Than Once?
First of all, if you are contemplating filing bankruptcy for the first time, we at Edwin L Feld & Associates, LLC, hope that you are planning to do so with the goal of success. We assume you are serious about overcoming your unmanageable debt burden and getting your financial life under control. We hope you do not intend to file bankruptcy again in the near future. However, bankruptcy law does allow people to refile. Our attorneys can advise about your refiling options.
Required Time Lapses Between Bankruptcy Filings, Discharges
If you have filed bankruptcy in the past, are once again underwater in bills and are seeking to determine your eligibility for bankruptcy again, you should see an attorney right away. You may qualify for a subsequent Chapter 7 bankruptcy discharge eight years after a previous Chapter 7 filing. You may also be eligible to file a Chapter 13 anytime after your Chapter 7 discharge, but you may or may not be entitled to a discharge. Edwin L Feld & Associates would be happy to review and advise you about your options when considering refiling a Chapter 7 or Chapter 13.
Ask A Knowledgeable Debt Relief Attorney To Review Your Individual Circumstances In Terms Of The Nature Of Debts And Other Specifics
Keep in mind that every debtor's circumstances are unique and no simple answer can apply to every situation. Any questions you have about your eligibility for bankruptcy, timing of a bankruptcy filing or timing between bankruptcy filings should be brought to the attention of an experienced attorney. A knowledgeable lawyer can review the specifics of your financial concerns and advise you on your best possible options.
Contact Our Chicago Lawyers To Learn More About Eligibility For Bankruptcy
Bankruptcy laws were set up to allow people to receive some form of relief, whether through Chapter 13 or Chapter 7, when they need it — even if the debtor has filed recently and received a discharge. We will review your options as to whether Chapter 13 or Chapter 7 is available to you and in your best interests. To schedule a free consultation at any of our convenient office locations, contact us toll free at 888-645-4357. You may also contact us by email.