Repeat Filings [Bankruptcy] Law and Legal Definition
In bankruptcy, repeat filing refers to filing bankruptcy petition within the statutorily prescribed prohibited period. Under the Bankruptcy Code, when a debtor files for bankruptcy protection, but has had one or more previous bankruptcies during the previous year, the automatic stay automatically expires 30 days after the most recent filing unless the debtor can prove that the debtor’s new bankruptcy was filed in good faith. Repeat bankruptcy filers are subjected to different rules under the bankruptcy abuse. For instance, a person who has filed a Chapter 7 and has received a discharge, must wait eight years before filing another Chapter