Can You File Bankruptcy Again?

Even after filing a Chapter 7 bankruptcy, you may find yourself needing additional assistance with paying off debts. If this is the case, you may feel stuck and unsure of what to do. The good news is that there are options available to help you.

After filing for Chapter 7, you are unable to file an additional Chapter 7 bankruptcy for eight years. The eight-year mark begins when you file the first case, not when the case is discharged. Therefore, you may want to consider filing for bankruptcy under a Chapter 13. This is possible if it has been at least four years after your old Chapter 7 case. Filing under a Chapter 13 may give you the breathing room to deal with your debts while keeping keep a very low monthly payment.

If you are considering filing for bankruptcy again, we recommend that you call and schedule an appointment with an experienced bankruptcy attorney. If you live in California, we would love to hear from you. If you live outside of California, please meet with a qualified bankruptcy attorney in your area. You should always consult with an experienced bankruptcy attorney before pursuing any bankruptcy filing to ensure that you are not missing any special rules or circumstances.

View Attorney Profile

Daniela P. Romero

Licensed since 1997

Member at firm The Law Office of Daniela Romero

RECENT POSTS

  • Are You Drowning in Debt From High-Interest Car Loans?
    Posted on October 14, 2019
    Topic: Bankruptcy

    Are you having trouble paying your bills due to a high-interest car loan? You are not alone. In fact, auto loans make up $1.30 trillion of the total household debt. There are very high interest rate loans out there, some as long as 7 year loans. Moreover, about 33% of the people are behind on ... Read more

  • What is a Means Test and How Does It Help You in Bankruptcy?
    Posted on October 7, 2019
    Topic: Bankruptcy

    What is a means test? Bankruptcy uses something called a “means test” to determine under which chapter of bankruptcy you can file. The amount to qualify will vary by state and uses your income, expenses, and household size to determine if you are able to file under a Chapter 7. Many people favor a Chapter ... Read more

  • Things to Avoid in Bankruptcy
    Posted on October 1, 2019
    Topic: Bankruptcy

    Bankruptcy can be a scary thought. But, if you are in need of a fresh financial start, you want to be sure you go about it the right way. That is because a mistake in bankruptcy can make it difficult to achieve your fresh start. We have previously discussed common mistakes and things that will ... Read more

Daniela P. Romero

Licensed since 1997

Member at firm The Law Office of Daniela Romero

RECENT POSTS

  • Are You Drowning in Debt From High-Interest Car Loans?
    Posted on October 14, 2019
    Topic: Bankruptcy

    Are you having trouble paying your bills due to a high-interest car loan? You are not alone. In fact, auto loans make up $1.30 trillion of the total household debt. There are very high interest rate loans out there, some as long as 7 year loans. Moreover, about 33% of the people are behind on ... Read more

  • What is a Means Test and How Does It Help You in Bankruptcy?
    Posted on October 7, 2019
    Topic: Bankruptcy

    What is a means test? Bankruptcy uses something called a “means test” to determine under which chapter of bankruptcy you can file. The amount to qualify will vary by state and uses your income, expenses, and household size to determine if you are able to file under a Chapter 7. Many people favor a Chapter ... Read more

  • Things to Avoid in Bankruptcy
    Posted on October 1, 2019
    Topic: Bankruptcy

    Bankruptcy can be a scary thought. But, if you are in need of a fresh financial start, you want to be sure you go about it the right way. That is because a mistake in bankruptcy can make it difficult to achieve your fresh start. We have previously discussed common mistakes and things that will ... Read more