Under Utah law, can an individual file for bankruptcy more than once?

Under Utah law, an individual can file for bankruptcy more than once, but there are indeed waiting periods and limitations that come into play based on previous filings.

Specifically, the law stipulates conditions that dictate how soon a person can file again, depending on the type of bankruptcy they previously filed. For example, after a Chapter 7 bankruptcy, an individual must wait eight years before they can file for another Chapter 7. If the previous filing was for Chapter 13, the wait time is typically two years before filing for another Chapter 13, or four years before filing for a Chapter 7. These rules ensure that the bankruptcy system is not abused and that individuals are given a reasonable timeframe before they can seek discharge of debts again.

Understanding these limitations is crucial for individuals considering bankruptcy, as it impacts their financial planning and recovery strategy after a bankruptcy event. Therefore, the correct answer captures the complexity and structured approach of the bankruptcy law in Utah, reflecting both the opportunity for individuals to seek relief from debt and the necessary regulations that govern repeated filings.