Robert J. Doig, Attorney at Law is a bankruptcy law firm for clients seeking legal assistance in Pueblo. The firm helps clients understand the legal ramifications of declaring a chapter 7 bankruptcy. The Bankruptcy Code has different chapters covering bankruptcy clients with different needs and qualifications. If a client and bankruptcy lawyer opt to file for a chapter 7 bankruptcy, all of the client's non-exempt assets are liquidated to pay off creditors. Robert J. Doig, Attorney at Law is a member of the National Association of Consumer Bankruptcy Attorneys.
225 East Cheyenne Mountain Boulevard, Colorado Springs, CO 80906
Colorado Springs, CO 80906
Although possible, due to the damaging nature of bankruptcy, filing bankruptcy more than once isn't recommended. Filing multiple times puts a serious burden on one's credit report, making it harder to get a loan, buy a house, buy a car, or even open credit cards.
Note that filing for bankruptcy isn't something that can be done at a filer's leisure. There are time limits following bankruptcy cases that dictate when it's permissible to file again. For example, after Chapter 7 bankruptcy, filers must wait at least eight years before filing Chapter 7 again or four years before filing Chapter 13.