diff --git a/Lib/test/test_bz2.py b/Lib/test/test_bz2.py
index 6715a02..9a9afa6 100644
--- a/Lib/test/test_bz2.py
+++ b/Lib/test/test_bz2.py
@@ -7,6 +7,7 @@
 import os
 import subprocess
 import sys
+import threading
 
 # Skip tests if the bz2 module doesn't exist.
 bz2 = support.import_module('bz2')
@@ -282,6 +283,23 @@
         else:
             self.fail("1/0 didn't raise an exception")
 
+    def testThreading(self):
+        # Using a BZ2File from several threads doesn't deadlock (issue #7205).
+        data = b"1" * 2**20
+        nthreads = 10
+        f = bz2.BZ2File(self.filename, 'wb')
+        try:
+            def comp():
+                for i in range(5):
+                    f.write(data)
+            threads = [threading.Thread(target=comp) for i in range(nthreads)]
+            for t in threads:
+                t.start()
+            for t in threads:
+                t.join()
+        finally:
+            f.close()
+
 
 class BZ2CompressorTest(BaseTest):
     def testCompress(self):
diff --git a/Misc/NEWS b/Misc/NEWS
index bb5e4cc..9707276 100644
--- a/Misc/NEWS
+++ b/Misc/NEWS
@@ -117,6 +117,9 @@
 Library
 -------
 
+- Issue #7205: Fix a possible deadlock when using a BZ2File object from
+  several threads at once.
+
 - Issue #7077: logging: SysLogHandler now treats Unicode as per RFC 5424.
 
 - Issue #7099: Decimal.is_normal now returns True for numbers with exponent
diff --git a/Modules/bz2module.c b/Modules/bz2module.c
index 5f1d01b..550f1cf 100644
--- a/Modules/bz2module.c
+++ b/Modules/bz2module.c
@@ -78,7 +78,12 @@
 
 
 #ifdef WITH_THREAD
-#define ACQUIRE_LOCK(obj) PyThread_acquire_lock(obj->lock, 1)
+#define ACQUIRE_LOCK(obj) do { \
+	if (!PyThread_acquire_lock(obj->lock, 0)) { \
+		Py_BEGIN_ALLOW_THREADS \
+		PyThread_acquire_lock(obj->lock, 1); \
+		Py_END_ALLOW_THREADS \
+	} } while(0)
 #define RELEASE_LOCK(obj) PyThread_release_lock(obj->lock)
 #else
 #define ACQUIRE_LOCK(obj)