Debt Dismissals

debt dismissalFor 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.

Case Closed

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.

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