Filing for Bankruptcy for a Second Time

Can I file for bankruptcy more than once?Filing Again

Many people are surprised to learn that you can file for bankruptcy more than once. You will need to follow certain guidelines in order to qualify for bankruptcy a second time, most having to do with the waiting periods between filings. For example, if you filed for bankruptcy Chapter 7 the first time, you will need to wait 8 years before you can file for Chapter 7 again.

You will only have to wait 4 years if your previous bankruptcy was a Chapter 13, and you plan to file for Chapter 13 a second time. If you initially filed for a Chapter 13 and are now seeking bankruptcy protection under Chapter 7, the waiting period is six years. A Chapter 13 can be filed after two years if your first bankruptcy was a Chapter 7. The same first time procedures for filing apply to your second time as well, including:

  • Credit counseling class before your petition is filed
  • A bankruptcy hearing
  • Completing a financial management class after your hearing and before your case is officially

If you are experiencing financial problems and were previously granted a bankruptcy, a Michigan bankruptcy lawyer can make sure that you are fully informed of the laws pertaining to a second filing and how they apply to your particular situation.

The Bankruptcy Process in Michigan

The bankruptcy process can be complex, especially if you are filing for a second time. Not only will you need to meet the requirements for a second filing, your creditors may be more difficult to work with. You should also expect the court to conduct a thorough review of your finances before a second bankruptcy is approved. My firm, Hensel Law Office, PLLC has extensive experience representing clients seeking bankruptcy protection, including individuals filing for a second time.

Attentive Service As You File the Second Time Around

As a Michigan bankruptcy attorney, I will work with you one-on-one, and make sure you are in full compliance with filing statutes before your petition is submitted. I provide my clients with a very high level of service and can discuss how to proceed with a second filing during a free initial consultation. My firm assists individuals Sterling Heights and Warren, as well as in Madison Heights, Royal Oak and Clinton Township.