Filing bankruptcy is a serious decision that should only be made after consulting with an experienced bankruptcy lawyer. Depending on the chapter of bankruptcy you file and your specific financial circumstances, once you file bankruptcy, you may not be able to change your mind and “cancel” the bankruptcy case. If you choose to file bankruptcy without an attorney, you may create more problems than you solve.
The Law Office of Travis J. Richards, LLC provides free bankruptcy consultations so that you can get answers to all of your bankruptcy questions without any obligation on your part. An unforeseen medical emergency, change in income or loss of a spouse can create a situation where you are unable to pay your bills. If so, you may wonder if you should file bankruptcy now or wait. The timing of your bankruptcy filing can have a serious impact on your financial future.
For example, if you are facing foreclosure or repossession, you may need to file an emergency bankruptcy in order to save your home or your vehicle. In the situation of a lawsuit, the timing of the bankruptcy filing may be critical to protect your best interests. On the other hand, if you are expecting a substantial tax refund, you may want to wait until you have that refund in hand and have spent some of the refund on necessary living expenses before you file bankruptcy.
An experienced bankruptcy attorney will help you determine the best timing for filing bankruptcy so that you achieve the positive results you desire from your bankruptcy. Each bankruptcy case is different and each person’s financial situation is unique. There are numerous factors to consider before you file bankruptcy, including but not limited to, the timing of the actual bankruptcy filing. This is especially true if you are filing bankruptcy for the second time.
Can I File Bankruptcy If I Filed Bankruptcy Before?
The simple answer to that question is “yes.” You can file bankruptcy again if you have filed bankruptcy before; however, you may not be eligible to receive a discharge of your debts if you file bankruptcy again too soon. The timing of your second bankruptcy filing is critical and you must consult an attorney before you file bankruptcy again. If you file bankruptcy again too soon, you will not be eligible to receive another bankruptcy discharge; therefore, you will continue to owe all of the debts that you owed when you filed the second bankruptcy case.
If you need to file bankruptcy again, contact my office to schedule a free bankruptcy consultation. I will review your previous bankruptcy filing to determine when you are eligible to receive another bankruptcy discharge so that we can time your bankruptcy filing correctly.
Contact an Experienced Mount Holly Bankruptcy Attorney
Personal Approach, Professional Service, Affordable Payment Plans
The Law Office of Travis J. Richards, LLC is a full-service Mount Holly bankruptcy law firm focused on Chapter 7 Bankruptcy, Chapter 13 Bankruptcy, debt consolidation, credit repair, tax liens, student loans and foreclosure. We represent clients in Burlington County and throughout South Jersey.
Contact our office at 609-267-5297 to schedule your free consultation to discuss bankruptcy and non-bankruptcy alternatives. You may also use our convenient online contact form and one of our friendly, professional staff members will contact you to answer your bankruptcy questions and/or schedule a free consultation with Travis J. Richards.
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