The dynamics of the bubble collapse near a rigid boundary is a fundamental issue for the bubble collapse application and prevention. In this paper, the bubble collapse is modeled by adopting the lattice Boltzmann method (LBM) and is verified, and then the dynamic characteristics of the collapsing bubble with the second collapse is investigated. The widely used Shan-Chen model in the LBM multiphase community is modified by coupling with the Cahan-Starling equation of state (C-S EOS) and the exact difference method (EDM) for the forcing term treatment. The simulation results of the bubble profile evolution by the LBM are in excellent agreements with the theoretical and experimental results. From the two-dimensional pressure field evolution, the dynamic characteristics of the different parts during the bubble collapse stage are studied. The role of the second collapse in the rigid boundary damage is discussed, and the impeding effect between two collapses is demonstrated.