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How many times can I go bankrupt?

September 5, 2017

We are not sure what the upper limited on the number of filings is but the most we have seen is five times.

After a second bankruptcy, all bankrupts must attend at court for a discharge hearing. The idea is that people should not be using bankruptcy to deliberately hide out from paying their creditors. Nonetheless, misfortune may happen to some people more than once and they shouldn’t be denied relief for no good reason.