How often can I receive a bankruptcy discharge?

In Indiana, you can typically receive a bankruptcy discharge once every eight years. The amount of time needed between bankruptcy filings is determined by the type of bankruptcy you file. Chapter 7 bankruptcy usually requires an eight-year period between filings, while Chapter 13 bankruptcy requires a six-year period. It is important to note that filing for bankruptcy does not automatically get you a discharge. A discharge is when your debts are wiped away. To receive a discharge, you must complete debt counseling, meet all court-imposed requirements, and wait for the court to issue the discharge. Once you have received a bankruptcy discharge in Indiana, you will have to wait the specified amount of time before filing for bankruptcy again. Depending on the type of bankruptcy you filed, it may take up to eight years before you can file for bankruptcy again. Bankruptcy is a serious financial decision, and it should be carefully considered and discussed with a financial professional. Discussing your needs and options with an experienced bankruptcy attorney can help you determine if filing for bankruptcy is the right decision for you.

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