{"id":3618,"date":"2021-04-08T09:19:15","date_gmt":"2021-04-08T09:19:15","guid":{"rendered":"https:\/\/phoenixfreshstartbankruptcy.com\/?p=3618"},"modified":"2022-04-29T08:58:42","modified_gmt":"2022-04-29T08:58:42","slug":"things-you-should-know-when-you-file-multiple-bankruptcies","status":"publish","type":"post","link":"https:\/\/phoenixfreshstartbankruptcy.com\/things-you-should-know-when-you-file-multiple-bankruptcies\/","title":{"rendered":"Things You Should Know When You File Multiple Bankruptcies"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Bankruptcy allows debtors to have a fresh start with their finances. Filing bankruptcy is a legal proceeding that will help you repay debts to your creditors. Seeking help from a trusted Phoenix bankruptcy lawyer is important before filing bankruptcy since it is not easy to deal with financial problems.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If a bankruptcy filing is one of your options, you should first understand the basics of relevant bankruptcy laws and the bankruptcy process. Trusted bankruptcy attorneys can assist you on how to file and explain how often you can file for bankruptcy.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Bankruptcy discharges are subject to time limits, but not bankruptcy filings. <a href=\"https:\/\/phoenixfreshstartbankruptcy.com\/best-phoenix-bankruptcy-attorneys\/bankruptcy-filing-basics\/\"><strong>Bankruptcy law<\/strong><\/a> does not require an individual to wait for a certain period before filing a bankruptcy petition again. However, you will not qualify for another discharge if you filed for bankruptcy too soon after your debt has been forgiven. If you file for bankruptcy too soon, most likely it would be a waste of money and time. Timing is very important when you file for bankruptcy.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><img decoding=\"async\" class=\"alignright wp-image-3620 \" src=\"https:\/\/phoenixfreshstartbankruptcy.com\/wp-content\/uploads\/2021\/04\/Multiple-Bankruptcies-300x200.jpg\" alt=\"Multiple Bankruptcies\" width=\"374\" height=\"249\" srcset=\"https:\/\/phoenixfreshstartbankruptcy.com\/wp-content\/uploads\/2021\/04\/Multiple-Bankruptcies-200x133.jpg 200w, https:\/\/phoenixfreshstartbankruptcy.com\/wp-content\/uploads\/2021\/04\/Multiple-Bankruptcies-300x200.jpg 300w, https:\/\/phoenixfreshstartbankruptcy.com\/wp-content\/uploads\/2021\/04\/Multiple-Bankruptcies-400x266.jpg 400w, https:\/\/phoenixfreshstartbankruptcy.com\/wp-content\/uploads\/2021\/04\/Multiple-Bankruptcies-450x300.jpg 450w, https:\/\/phoenixfreshstartbankruptcy.com\/wp-content\/uploads\/2021\/04\/Multiple-Bankruptcies-600x400.jpg 600w, https:\/\/phoenixfreshstartbankruptcy.com\/wp-content\/uploads\/2021\/04\/Multiple-Bankruptcies.jpg 626w\" sizes=\"(max-width: 374px) 100vw, 374px\" \/>If you would like to file a petition in bankruptcy under the same bankruptcy chapter as you did before, here are the timeframes:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211; \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 In <a href=\"https:\/\/phoenixfreshstartbankruptcy.com\/chapter-7\/\"><strong>Bankruptcy Chapter 7<\/strong><\/a> (liquidation bankruptcy), before an individual can file a second bankruptcy petition under Chapter 7, the filer must wait for 8 years after the first bankruptcy filing.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211; \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Under Chapter 13 (reorganization bankruptcy), before a debtor can receive a second bankruptcy discharge, the debtor should wait for 2 years between the filing dates.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\n<h2><span class=\"ez-toc-section\" id=\"Order_is_also_important_when_filing_different_types_of_bankruptcy\"><\/span><span style=\"font-weight: 400;\">Order is also important when filing different types of bankruptcy<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<label for=\"ez-toc-cssicon-toggle-item-6627c74f06096\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6627c74f06096\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/phoenixfreshstartbankruptcy.com\/things-you-should-know-when-you-file-multiple-bankruptcies\/#Order_is_also_important_when_filing_different_types_of_bankruptcy\" title=\"Order is also important when filing different types of bankruptcy\">Order is also important when filing different types of bankruptcy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/phoenixfreshstartbankruptcy.com\/things-you-should-know-when-you-file-multiple-bankruptcies\/#A_second_filing_may_be_appropriate_even_if_there_is_no_bankruptcy_discharge\" title=\"A second filing may be appropriate even if there is no bankruptcy discharge\">A second filing may be appropriate even if there is no bankruptcy discharge<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/phoenixfreshstartbankruptcy.com\/things-you-should-know-when-you-file-multiple-bankruptcies\/#What_happens_if_you_are_not_granted_a_discharge_in_the_first_bankruptcy_case\" title=\"What happens if you are not granted a discharge in the first bankruptcy case?\">What happens if you are not granted a discharge in the first bankruptcy case?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/phoenixfreshstartbankruptcy.com\/things-you-should-know-when-you-file-multiple-bankruptcies\/#When_is_it_abusive_to_file_multiple_bankruptcies\" title=\"When is it abusive to file multiple bankruptcies?\">When is it abusive to file multiple bankruptcies?<\/a><\/li><\/ul><\/nav><\/div>\n\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">When filing a subsequent bankruptcy petition under a different bankruptcy chapter (other than the one in which you obtained your first bankruptcy discharge), the following are the waiting timelines:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211; \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Bankruptcy Chapter 13 before Chapter 7<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you were given a discharge, you will have to wait for 6 years before filing Chapter 7. You will not be waiting that long if you repay all your unsecured creditors under your <a href=\"https:\/\/phoenixfreshstartbankruptcy.com\/chapter-13\/\"><strong>Chapter 13 filing<\/strong><\/a>. This is if the debt repayment plan was offered in good faith and reflected your best effort.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211; \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Chapter 7 bankruptcy before Chapter 13<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If the bankruptcy court issued the first bankruptcy discharge under liquidation, you will have to wait for 4 years after filing a Chapter 7 bankruptcy case.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\n<h2><span class=\"ez-toc-section\" id=\"A_second_filing_may_be_appropriate_even_if_there_is_no_bankruptcy_discharge\"><\/span><span style=\"font-weight: 400;\">A second filing may be appropriate even if there is no bankruptcy discharge<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">In some cases, you will not need to obtain a bankruptcy discharge. Sometimes, you just need more time to pay back the debts you owe from creditors. Take for example an individual who owes federal taxes that he or she cannot wipe out in bankruptcy, but he or she cannot come up with a fair and realistic payment plan. Instead of a wage garnishment, you may file bankruptcy Chapter 13 and spread out the payments in a span of three to five years.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Qualifying for Bankruptcy Chapter 7 and proving that you have enough monthly income to pay off the debt repayment plan may be difficult. However, after taking into consideration the debts that would be eliminated, it is possible. In any case, you should seek legal advice from a Phoenix bankruptcy lawyer for any questions regarding bankruptcy proceedings.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\n<h2><span class=\"ez-toc-section\" id=\"What_happens_if_you_are_not_granted_a_discharge_in_the_first_bankruptcy_case\"><\/span><span style=\"font-weight: 400;\">What happens if you are not granted a discharge in the first bankruptcy case?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">In most cases, if you did not get a discharge during the first petition, you could file again and obtain one in the second. However, this is not always the scenario. When you file multiple bankruptcies in a short period, you lose the great benefits of the automatic stay which prevents creditor harassment, wage garnishment, and foreclosure.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">What happens when the first bankruptcy case was dismissed by the bankruptcy court<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Dismissing the case after a creditor filed a motion to lift the automatic stay, failure to obey a court order, or failure to appear in court is not uncommon. If this is the case, you may be subject to a 180 day waiting period.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If the bankruptcy discharge was dismissed by the bankruptcy court, you may be able to file again but you will certainly not be eligible for a discharge of the debts cited in your previous case. This is yet another situation in which you should seek legal help from a knowledgeable <\/span><a href=\"https:\/\/phoenixfreshstartbankruptcy.com\"><span style=\"font-weight: 400;\">Phoenix bankruptcy attorney<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\n<h2><span class=\"ez-toc-section\" id=\"When_is_it_abusive_to_file_multiple_bankruptcies\"><\/span><span style=\"font-weight: 400;\">When is it abusive to file multiple bankruptcies?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">A Chapter 7 bankruptcy filing that fails to pass the bankruptcy means test \u2013 the eligibility criteria that decide an individual\u2019s right for a discharge \u2013 is referred to as abusive bankruptcy filing. However, the term may also refer to a petition filed by those who are attempting to simply escape a creditor or buy more time.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With this said, the bankruptcy court generally disapproves of debtors who file without intending to complete the bankruptcy proceeding. Repeat filers may face repercussions like lack of bankruptcy protection or denial of a bankruptcy discharge if they use such tactics.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Consulting a credible and experienced bankruptcy lawyer is important to have a successful bankruptcy proceeding. <\/span><a href=\"https:\/\/phoenixfreshstartbankruptcy.com\/contact\/\"><span style=\"font-weight: 400;\">Contact our Phoenix bankruptcy lawyer<\/span><\/a><span style=\"font-weight: 400;\"> for a free consultation regarding your bankruptcy case.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bankruptcy allows debtors to have a fresh start with their finances. Filing bankruptcy is a legal proceeding that will help you repay debts to your creditors. Seeking help from a trusted Phoenix bankruptcy lawyer is important before filing bankruptcy since it is not easy to deal with financial problems.\u00a0 If a bankruptcy filing is one of your options, you should first understand the basics of relevant bankruptcy laws and the bankruptcy process. Trusted bankruptcy attorneys can assist you on how [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3621,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/posts\/3618"}],"collection":[{"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/comments?post=3618"}],"version-history":[{"count":1,"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/posts\/3618\/revisions"}],"predecessor-version":[{"id":4338,"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/posts\/3618\/revisions\/4338"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/media\/3621"}],"wp:attachment":[{"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/media?parent=3618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/categories?post=3618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/tags?post=3618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}