Yes, you can file for Chapter 7 bankruptcy twice. In fact, there is no set limit on the number of times you can file. Some people do file for bankruptcy repeatedly, perhaps utilizing both Chapter 7 and Chapter 13.
Rather than prohibiting repeat filings, the law simply sets up waiting times. After you file, you have to wait a certain number of years before you are legally allowed to file again. Exactly how long you have to wait depends on the type of bankruptcy you are filing for and which chapter you filed under previously.
When you want to file for Chapter 7
If you are looking to file a Chapter 7 bankruptcy, you have to wait eight years if you have already filed for Chapter 7 in the past. However, if you filed for Chapter 13 in the past, then you have to wait up to six years.
When you want to file for Chapter 13
If you are instead looking to file for Chapter 13 bankruptcy, and your prior filing was also a Chapter 13, then you have to wait two years. If the prior filing was Chapter 7, then you have to wait four years.
One of the first steps to take with a bankruptcy filing is simply to determine your eligibility. Previous bankruptcy filings are just one component of this, along with details like your current income and type of debt. It is very important to understand how the bankruptcy system works and what options are available for you. Be sure you know what legal steps you will need to take at this time.
