Can I File for Bankruptcy Multiple Times in Ohio? – Amourgis & Associates, Attorneys at Law

Filing for bankruptcy can give you a fresh start. There are times, however, when person has their debts discharged, only to face extra life challenges that require them to take on more debt and end up in fiscal perturb once again. When people find themselves in this situation, they often wonder if they can file for bankruptcy more than once. The Ohio bankruptcy lawyers at Amourgis & Associates, Attorneys at Law have decades of combine legal experience. We have the cognition and compassionate approach you ’ re looking for in an lawyer. Below, we ’ ve provided information about your options for filing bankruptcy more than once in Ohio. We ’ d besides be glad to answer any questions you have about bankruptcy in a release consultation .

Can I File for Bankruptcy More Than Once in Ohio?

so, how many times are you allowed to file bankruptcy ? technically, there is no law against filing multiple bankruptcies. however, there are laws that limit how frequently you can have your debts discharged through bankruptcy, and there may not be much to gain by filing for bankruptcy if you can ’ t exhaust any of your debts. How often you can have your debts discharged depends on which chapter of the Bankruptcy Code you most recently used and which chapter you wish to use for your latest claim .

Filing for Bankruptcy Under the Same Chapter Again

If you ’ ve filed for personal bankruptcy under one chapter of the Bankruptcy Code and wish to file again under the same chapter, you will have to wait a specify amount of prison term before you can have any debts discharged.

  • Chapter 7 – If you filed for bankruptcy under Chapter 7, you have to wait eight years from the date of your previous filing before you can file another Chapter 7 bankruptcy claim.
  • Chapter 13 – You can file for Chapter 13 bankruptcy again as soon as you’ve successfully met the terms of your repayment plan with your creditors. However, if you’re still paying off your prior debts and wish to file for Chapter 13 bankruptcy again, you must wait until two years have passed since your initial filing.

Filing for Bankruptcy Under a Different Chapter

There are slightly different rules for having your debts discharged through different chapters of the Bankruptcy Code. In brief, those rules are :

  • You filed Chapter 7 previously and now want to file Chapter 13 – You must wait four years from the date you first filed for Chapter 7 bankruptcy.
  • You filed Chapter 13 previously and now want to file Chapter 7 – You must wait six years from the date you first filed for Chapter 13 bankruptcy in most cases. If you’ve already paid back all of your debts under Chapter 13 as well as 70 percent of your unsecured debts (credit cards, medical bills, etc.), then you may be able to refile immediately.

When Are Multiple Bankruptcy Filings Considered Abusive?

There international relations and security network ’ metric ton anything inherently amiss with filing multiple bankruptcy claims, but doing so for the faulty reasons can create problems. If person does not meet the means test for a chapter 7 bankruptcy subject, if they file for bankruptcy multiple times to evade a creditor, or if they ’ re trying to block a solicitation legal action, then the court might take legal action to prevent that person from abusing the system. Filing excessively many bankruptcy claims in a given clock period could lead to you losing certain protections or being denied the gamble to have your debts discharged .

Get Help from an Ohio Bankruptcy Attorney Today

so, can you file for bankruptcy more than once in your life ? Yes, but you ’ ll probably want assistant from person who knows the bankruptcy organization. Contact the Ohio bankruptcy lawyer at Amourgis & Associates, Attorneys at Law today for a free initial reference .

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