How often can I receive a bankruptcy discharge?

In Idaho, the amount of times that you are able to receive a bankruptcy discharge depends on the type of bankruptcy that you file. If you file a Chapter 7 bankruptcy, which is the most common type of bankruptcy, you may only receive a bankruptcy discharge once every eight years. If you file a Chapter 13 bankruptcy, which is a type of bankruptcy that creates a repayment plan for you to pay back your creditors, you may receive a discharge once every six years. Additionally, you must complete the repayment plan before you can get a discharge. Additionally, Idaho has special provisions for individuals who have previously filed a Chapter 13 bankruptcy, as they can receive a bankruptcy discharge more frequently than the general six-year period. In some states, the courts may extend the amount of time between bankruptcy discharges if it is in the best interest of the debtor and their creditors. This is not allowed in Idaho, meaning that if you want to receive a bankruptcy discharge, you must adhere to the set guidelines. Overall, it is important to remember that bankruptcy is a serious financial step and that you should consider all your options when filing. It is also important to consult with an experienced bankruptcy attorney who can provide you with the best advice for your particular situation.

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How often can I receive a bankruptcy discharge?

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