- March 29, 2013
- Posted by: Richard Feinberg
- Category: Debt
For anyone seeking bankruptcy protection the ultimate goal is debt relief. This comes in the form of a debt discharge, meaning you are cleared from debt liability to your creditors. However, there are some instances in which your case could be denied and lead to a dismissal.
The bankruptcy process is governed by a very specific set of laws. Chapter 7 and Chapter 13 bankruptcy each has their own guidelines under their corresponding section in the U.S. Bankruptcy Code. However, either could be dismissed for the following reasons:
- Failing to comply with court obligations, such as case filing fees, and credit counseling attendance.
- Failing to meet eligibility criteria, before or during your case.
- Failing to disclose accurate information about your debts, assets, income or other fund accounts.
- Failing to comply with debt payment obligations as determined by the court.
A Tampa bankruptcy attorney can help guide you through the process to ensure that your case has the best chance at a successful outcome.