Answers.com > Wiki Answers > Categories > Business & Finance > Personal Finance > Debt and Bankruptcy > How long after the first bankruptcy you can declare a second bankruptcy?

How long after the first bankruptcy you can declare a second bankruptcy?

In: Debt and Bankruptcy [Edit categories]

Answer:

It takes seven to ten years after you initially declare bankruptcy for it to drop off your credit report, and you really should wait at least 1-2 years after that to declare again I hope that helped.

First answer by Shadowmoon 474. Last edit by Shadowmoon 474. Contributor trust: 0 [recommend contributor ]. Question popularity: 2 [recommend question].

[report abuse]

Can you answer these Debt and Bankruptcy questions?

	When a government runs a budget deficit what must it eventually to do in order to pay back its debt?	Answer it!
	What are acceptable computer programs for recording keeping?	Answer it!
	How long do you have after a house is sold at a foreclosure auction in Arizona?	Answer it!
	What is one of the major problems caused by a large national debt?	Answer it!
	What is a fixed income or debt investment?	Answer it!

Relevant answers:

Can you declare bankruptcy now that your first bankruptcy is discharged?
It depends on the chapter you filed under. If you filed under Chapter 7, you have to wait 8 years before filing again. If you filed under Chapter 13, you only have to wait four years.
Can you declare bankruptcy after declaring bankruptcy in ca?
A basic, rough primer: BK is always done under FEDERAL Laws, in a Federal Bankruptcy Court. Basically State makes little difference. (Yes the BK Courts operating in certain areas have certain special...
How does a bankruptcy affect first and second mortgages?
This is a complex question. In general a bankruptcy will only effect the mortgages if you try to change them some way in the bankruptcy proceeding. This all depends on the chapter you filed, if you...
When can you declare bankruptcy?
It depends on the specific type you are filing for. But whether you are an individual or a corporation, the monetary amount of debt, and how much you make annually can all factor into the equation of...
When do you declare bankruptcy?
You declare when your debts become too overwhelming to ever pay off. But you must qualify first. The qualifications vary according to the chapter of bankruptcy you are filing under but major aspects...