This page was written, edited, reviewed & approved by Emil J. Fleysher following our comprehensive editorial guidelines. Emil J. Fleysher, the Founding Partner, has 15+ years of legal experience as a bankruptcy attorney. Our last modified date shows when this page was last reviewed.
Chapter 7 exists to help you get out of debt quickly and easily. It is easy to file for Chapter 7 bankruptcy and you can do it hundreds of times. However, the issue is whether you can get a discharge of your debts. The U.S. Bankruptcy Code places limits on how often you can get a discharge. Under the Code, you must wait 8 years from the time you first filed Chapter 7 until you can get a second Chapter 7 discharge.
If it is too soon to get another Chapter 7 discharge, an option is to file Chapter 13. You are eligible for a discharge in Chapter 13 as soon as four years from the date you filed your Chapter 7 case. Filing Chapter 13 can help you reorganize your finances. And, it can you repay debts over a 3 or 5 year period depending on your financial situation.
In some instances, filing a Chapter 7 is a good idea even if you don’t qualify to receive a discharge. For example, if you’ve got a large non-exempt asset and don’t want to be bothered with selling it off to pay your debts individually then Chapter 7 may work for you. So not only can you file Chapter 7 bankruptcy more than once; you may want to do so even in the absence of the availability of a discharge.
If you have questions about foreclosure, loan modification, bankruptcy, or other alternatives, please feel free to call my office at 888-886-0020, send an e-mail to emil@fleysherlaw.com, or complete the contact form below.
Emil specializes in consumer bankruptcy, debt settlement, and mortgage modification, offering a holistic approach to solving mortgage and debt problems. Emil listens to clients, understands their circumstances and goals, and helps them make the right choices by presenting all options and contingencies.
He is dedicated to helping South Floridians regain their financial freedom from overwhelming debt caused by high interest credit cards, bad mortgage loans, and uninsured medical expenses.
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