How long do I have to wait before I can file for bankruptcy again?

In Maryland, if you have already filed for bankruptcy, you have to wait a certain amount of time before you can file again. This wait period varies depending on the type of bankruptcy that was originally filed. If you have filed for Chapter 7 bankruptcy, or liquidation bankruptcy, the wait period is usually 8 years. If you filed for Chapter 13 bankruptcy, or reorganization bankruptcy, the wait period is usually 4 years. However, if your financial situation has changed significantly since your last filing, you may be eligible to file again sooner. If you can prove that good faith efforts were made to repay your debts from the last bankruptcy, you may be able to file for a Chapter 13 bankruptcy within 2 years of your last filing. In any case, filing for bankruptcy more than once can negatively affect your credit score, so it is usually advisable to wait as long as possible before doing so. It is also recommended to speak to an attorney before filing for bankruptcy, as bankruptcy laws can be complicated and you may be eligible for other options depending on your circumstances.

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How long do I have to wait before I can file for bankruptcy again?

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