Sometimes, people in Pennsylvania realize that they are in over their heads financially and start to look for a way out of their situations. However, nothing seems to be a viable option for them — that is, nothing except for personal bankruptcy. But what happens if someone has already filed for bankruptcy in the past? Can he or she file again in the future?

Experts say that no restrictions actually exist regarding how many times a person can file for bankruptcy. However, restrictions do exist on when he or she can and cannot file for an additional bankruptcy. The restrictions are based on the kind of bankruptcy previously filed, as well as the type of bankruptcy protection that the individual is seeking now.

For those who have successfully completed Chapter 7 bankruptcy filings in the past, they must wait eight years to file for Chapter 7 protection again, and they must wait four years to file for Chapter 13 production. Meanwhile, those who have filed for Chapter 13 bankruptcy protection in the past can typically file for the same type of bankruptcy protection immediately thereafter if needed. However, they must wait six years to go from Chapter 13 filings to Chapter 7 filings.

The reality is that, sometimes, unpredictable economic situations or personal emergencies, such as medical emergencies that result in massive medical debt, can cause people to end up with more liabilities than assets. However, the fact that it is possible to file for personal bankruptcy more than once if needed may give some financially struggling consumers hope. An attorney can help in-debt consumers to navigate Chapter 7 or 13 bankruptcy filings and finally break free from overwhelming debt in Pennsylvania.