To retrieve official copies of your U.S. Bankruptcy Records visit: www.mybankruptcyrecords.com
is it safe to file for voluntary dismissal of chapter 13 bankruptcy
You can get a Chapter 13 bankruptcy dismissal by asking your lawyer to ask the trustee for a dismissal. If you are having trouble making the payments, you can ask for you bankruptcy to be modified.
Yes. If you voluntarily have a chapter 13 bankruptcy dismissed, your creditors will be notified of the dismissal.
If you are referring to a dismissal from a job, I do not think that should be there. I have never heard of the dismissal from employment being on a bankruptcy. I would consult an attorney on this.
After a Dismissal you can refinance anytime you want, some banks may penalize you for the filing even though you didn't go through with the BK. Just to make it clear a dismissal is when you filed a BK but then withdrew it and never went through with it or the bankruptcy was not approved. A discharge is when you completed the bankruptcy. I work with several lenders that will not penalize you for a dismissal.
There really isn't much difference in these cases. The difference is just one of how they were filed. Both are voluntary dismissals.
Yes.
No. Backruptcy will always appear on your credit. After 7-10 years your credit will be as good as someone who has not filed bankruptcy.
There is paperwork to fill out and a judge has to approve the dismissal. You can submit it to the trustee or judge in charge of your bankruptcy. If you have an attorney, the attorney can do this for you.
It is 10 years from the date of discharge.
When any bankruptcy action is dismissed for any reason the debtor(s) lose(s) bankruptcy protection. This means creditors may pursue collection of the debt, including, in most situations filing a lawsuit. A chapter 13 bankruptcy dismissal will remain on the debtor's credit report for 7 years.
Yes. I tried to remove a dismissed bankruptcy from my credit report. All agencys were contacted and so was the FTC. They said they had a legal right to keep the Bankruptcy dismissal information on the bureaus files.