San Jose Bankruptcy: On Filing More Than Once

This is a bankruptcy myth: You can only file for bankruptcy once.

In actuality, there aren't limits on how many bankruptcies you can file in your lifetime, there are however, limits on the amount of bankruptcies that you can file within certain years.  You can file for bankruptcy more than once, but the bankruptcy law that went into effect in October 2005 lengthened the required wait between filings. You can only file for Chapter 7 bankruptcy once every eight years. You have to wait two years to repeat a Chapter 13 filing and four years between a Chapter 7 and a Chapter 13 case. Of course, that doesn't make it a good idea.

Call Sagaria Law for a bankruptcy consultation with a knowledgeable attorney in San Jose.

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