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If you are worse off in Chapter 13 than before you filed the Chapter 13 can you ask to have it dismissed?

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2005-11-11 18:33:42
2005-11-11 18:33:42

Yes, but with new bankruptcy laws having been implemented it may prove somewhat difficult. The involved parties will need to prove to the trustee/court that they are unable to meet the obligation. More than likely the trustee will suggest the "13" be modified rather than dismissed. If the BK is dismissed the debtor loses all BK protection and creditors may pursue collection, repossession and lawsuits as the so choose.

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