Because Bankruptcy can be an immensely important tool to those experiencing financial issues, some people tend to think that once you file bankruptcy, you can’t file again. This simply isn’t true.
Chapter 7 bankruptcy – If you filed for Chapter 7 bankruptcyin the past (which allows qualifying debt to be wiped away or discharged), you will need to wait 8 years before you can file another Chapter 7. This may vary if you filed but were not granted a discharge.
Chapter 13 bankruptcy – The rules governing repeat filings under Chapter 13 are complex. You may be able to refile your dismissed case, or file a new case after getting a discharge under Chapter 7 or Chapter 13, but the rules are complicated and you should discuss them with an attorney. Call us for your free consultation.
Bankruptcy does have its advantages, and it can help you again if you’ve found yourself in debt you can’t pay back. Call the attorneys at King & King today at 404-524-6400 and let us help you get on the path to financial freedom.
This post first appeared on King & King Law LLC, Atlanta Georgia Bankruptcy Attorney, please read the originial post: here
