A dismissed bankruptcy cannot be discharged. Once a BK is dismissed it is no longer valid and creditors may resume collection action and/or repossession of property. The petitioner of the dismissed BK must wait the required amount of time before filing a new bankruptcy petition.
Presuming it was a voluntary filing, that your creditors didn't force you into it involuntarialry...you can ask and file with the court for dismissal. The protection BK affords is then ceased and the creditors can pursue actions to collect the debt.
Bankruptcies will stay on your credit report for 7 to 10 years. The only way to get it removed is to have the courthouse where it was filed remove it or the credit bureaus remove it themselves. You can dispute it yourself to the credit bureaus or hire a credit repair service to do it for you.
The banruptcy will have to be refiled according to the time limit imposed on the type of BK which was dismissed with or w/o prejudice.
By complying with the requirements of the bankruptcy code. Correct the particular grounds that support the motion to dismiss.
A patient is not dismissed they are discharged.
dismissed, discharged, let go
it can be discharged
If the debt was discharged in bankrupcy, you are permanently barred form attempting to collect the debt.
In very simple terms, discharged means the BK filing was found valid, and the bankruptcy has been granted. Dismissed means that there was/were (an) error(s) of some sort in the filing and the BK has been disallowed. .
No. Dismissed is essentially incomplete - no resolution...discharged is completed and closed.
No, not without refiling another "13".
I was nedding to know if I could refiance my home even though my bankrupcy was just discharged in Jan. of this year?
No, it will remain for seven years.
A chapter 13 Bankruptcy, dismissed, discharged, or otherwise, stays on your credit report for 7 years from the date it was filed.
Only holders of undischarged debt can come after assets or income after a discharged bankruptcy. Some debts may not be dischargeable in a bankruptcy, such as tax debt. The meaning of dismissed is different from discharged, however. A dismissed bankruptcy would be one that did not conclude. In that case, creditors may attempt any legal means to recover what is owed.
:A bankruptcy under chapter 7 or 11, or a non-discharged or dismissed chapter 13 bankruptcy generally remains on your credit file for 10 years from the date filed. A discharged chapter 13 bankruptcy generally remains on your credit file for 7 years from the date filed.