Q: How many times are you allowed to claim bankruptcy? What is the maximum amount allowed on a chapter 7
I have filled chapter 7 twice, I am in a financial mess again don't know how to manage money.
Need help bad!!!!
A: You can only get a discharge in a chapter 7 case once every 8 years. You count filing date to filing date. If you qualify to file there is no limit on the number of times you can file other than the discharge restriction stated above. There is no limit on the amount you owe to file chapter 7. There is a dollar limit on chapter 13 filing. Talk with a bankruptcy lawyer near you to see what your options are. Hope it works out. Good luck!
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