What is the filing frequency of going bankrupt under a Chapter 7? Under the laws of the bankruptcy code, you can file for Chapter 7 bankruptcy every after eight years has passed from the date of your last filing. A Chapter 13 bankruptcy can be filed after six years has passed.
However, Chapter 7 filings, though oftentimes appropriate, should be used only under appropriate circumstances. There are times when it is best to consolidate debts and explore other avenues of relieve. So, in addition waiting the requisite time, you should consult with an experienced bankruptcy attorney so that the particulars of your situation may be assessed. Bankruptcy law firms, such as Arcadier and Associates, P.A (www.melbournelegalteam.com) can provide you a free bankruptcy consultation.
Don’t go it alone, explore your situation before making life-long commitments that will affect you in many ways. Understand your rights first, then pull the trigger.