There are cases in which a debtor files bankruptcy more than once.<\/p>\n
When the economy began to decline and unemployment was on the rise, those who lost their jobs faced difficult financial choices. Many people used their credit cards to pay for bills and other expenses and racked up significant debt. Many of those people are still unemployed. These individuals are candidates for Chapter 7 bankruptcy.<\/p>\n
Some people find themselves in a position to file Chapter 7 bankruptcy more than once.\u00a0 Iowa bankruptcy lawyer Kevin Ahrenholz explained that a debtor\u2019s prior bankruptcy may create a problem in attempting to file again, depending on the filing date of the debtor\u2019s prior bankruptcy.<\/p>\n
While there is no limit to the number of times someone can file Chapter 7 bankruptcy, there are limits on whether an individual can receive a bankruptcy discharge from their case. Changes made to the bankruptcy code in 2005 mean that debtors are (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" There are cases in which a debtor files bankruptcy more than once. When the economy began to decline and unemployment was on the rise, those who lost their jobs faced difficult financial choices. Many people used their credit cards to…<\/span><\/p>\n