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What does the voluntary dismissal of a chapter 13 bankruptcy mean for the debtor and creditors and the debtor's credit report?
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.
Can you go from ch 13 to ch 7?
Yes, you can covert a chapter 13 to a chapter 7 and vice versa.
Can your trustee convert your Ch 7 to a Ch 13 if he decides that you will have enough money to make payments on a Ch 13 repayment plan in 10 months?
No. Once a chapter 7 bankruptcy has been discharged it is final.
If behind on Chapter 13 payments can a dismissal be prevented or reversed if payment is made for past due amount?
It can't be reversed, but if it is dismissed without prejudice, you can refile a chapter 13 six months from the dismissal date. The best option is to meet with the trustee to discuss the problems with the schedule that the person now has to see if it can be modified.
What difference between ch 7 and ch 13 bankruptcies?
Chapter 7 is a complete discharge of all dischargeable debts. Chapter 13 is a repayment plan of the debts under the bankruptcy court's supervision and protection.
How soon can you file bankruptcy after a voluntary dismissal of a chapter 13?
is it safe to file for voluntary dismissal of chapter 13 bankruptcy
Can you ask for a voluntary dismissal if your chapter 13 trustee has already asked for a dismissal for missed payments?
yes.
Will a request for a voluntary dismissal of a chapter 13 appear on the person's credit report?
Yes.
How do you file a chapter 13 voluntary dismissal in Maryland?
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.
What should you do if an attorney you had filed a chapter 13 bankruptcy after you told him not to?
Request a voluntary dismissal of the BK 13, and find another attorney if necessary.
How soon will a Chapter 13 voluntary dismissal request become effective?
The dismissal should be entered and the case dismissed within a few days of the time that you or your attorney submit it for filing with the bankruptcy court.
Does a Voluntary dismissal with prejudice equal final judgment?
Yes, essentially. A voluntary dismissal with prejudice indicates that the plaintiff has voluntarily dropped the case and cannot file suit again. A voluntary dismissal without prejudice gives the plaintiff one more chance in court.
How can you get out of a Chapter 13 bankruptcy if you have been in it for 10 months and you've decided that you were better off as you were before?
Contact the attorney that handled the BK or the BK trustee and inform them that you want to file a petition for a voluntary dismissal of the "13".
If you are in chapter 13 bankruptcy can you file for a voluntary dismissal to refinance your house?
I f that was the main reason for filing the c. 13, you can. Make sure the lender knows about the bankruptcy and you have a refi commitment before you move to dismiss.
What is the difference between a chapter 11 bankruptcy voluntary dismissal and a chapter 11 bankruptcy dismissal via consent order?
There really isn't much difference in these cases. The difference is just one of how they were filed. Both are voluntary dismissals.
If you request a voluntary dismissal can a debt listed in the bankruptcy still be paid off?
Yes.
Can a collector collect on a judgment after dismissal of a Chapter 13?
Dismissal yes, Discharge, probably not.
