Individuals who file for bankruptcy once sometimes need to file for bankruptcy again. However, certain provisions stipulate whether these individuals can file for bankruptcy again.
According to most state laws, individuals can only file for bankruptcy once every seven years. This provision prevents bankruptcy filers from taking advantage of the benefits of bankruptcy protection.
If you or anyone you know is considering filing for bankruptcy protection, contact the Austin bankruptcy lawyers of Slater Kennon LLP, at 512-338-1100.