How often can I receive a bankruptcy discharge?

In the District of Columbia, there are certain types of bankruptcy cases where you can receive a discharge of your debts. Most commonly, you can receive a bankruptcy discharge either once every eight years after filing a Chapter 7 case or once every two years after filing a Chapter 13 case. In a Chapter 7 case, a bankruptcy trustee will assess your assets and liabilities and manage any assets collected. Any remaining unsecured debt, such as personal loans, credit cards, and medical bills, can be discharged after the process is complete. In a Chapter 13 case, you enter into a court-approved repayment plan for your debts. Once the repayment plan has been successfully completed, most of your debts are discharged. The two-year period to receive a discharge begins from the date your Chapter 13 case was filed, not from the date of the repayment plan completion. In some cases, you may be able to receive a bankruptcy discharge sooner than the specified timeline. This is possible if you have been granted an early discharge or if your previous case was dismissed. Additionally, if you have filed for Chapter 7 and then decide to convert to Chapter 13 for a repayment plan, your original Chapter 7 filing date counts toward the two-year timeline, so you may be eligible to receive a discharge earlier. It is important to note that, while you may be eligible to receive a bankruptcy discharge, it may not be the best financial solution for your situation. Therefore, you should consult with a qualified bankruptcy attorney to determine if this is the right choice for you.

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How often can I receive a bankruptcy discharge?

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