Saturday, January 8, 2011

What happens if my bankruptcy case is rejected?

In certain limited cases, a debtor may obtain a rejection of his bankruptcy case. Although the reasons vary, the approval of the Court or the trustee prior to cancel of a current case is necessary. There are occasions where a requested termination by the trustee in bankruptcy or court is prohibited. ConsiderationsCreditors entitled to oppose such dismissal of bankruptcy. If a believer can demonstrate an improper purpose of the debtor's looking after a release, the request for such an action denied.EffectsThe denial of requested is if the debtor in accordance with Chapter 7 or 13 filed whether effects depend on termination. Where is a believer will continue a debtor unable, in the event, itself.Chapter BankruptcyAfter 7 asked dismissal is refused a chapter 7 bankruptcy which is Court continued to pay debts to creditors.Chapter 13 BankruptcyIf requested a chapter release denied 13 bankruptcy the debtor is obliged to make payments, monthly chapter 13 plan.Professional AssistanceIf turns a requested is a case of bankruptcy very clever to discharge a debtor, the assistance of a lawyer to fight this decision experienced to seek help.

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