Investigations of classical signature change have generally envisaged
applications to cosmological models, usually a Friedmann-Lemaitre-Robe
rtson-Walker mod el. The purpose has been to avoid the inevitable sing
ularity of models with purely Lorentzian signature, replacing the neig
hbourhood of the big bang with an initial, singularity free region of
Euclidean signature, and a signature change. We here show that signatu
re change can also avoid the singularity of gravitational collapse. We
investigate the process of re-birth of Schwarzschild type black holes
, modelling it as a double signature change, joining two universes of
Lorentzian signature through a Euclidean region which provides a ''bou
nce.'' We show that this process is viable both with and without matte
r present, but realistic models - which have the signature change surf
aces hidden inside the horizons - require nonzero density. In fact the
most realistic models are those that start as a finite cloud of colla
psing matter, surrounded by vacuum. We consider how geodesics may be m
atched across a signature change surface, and conclude that the partic
le ''masses'' must jump in value. This scenario may be relevant to Smo
lin's recent proposal that a form of natural selection operates on the
level of universes. which favours the type of universe we live in.