Search

Right to Dismiss a Chapter 7 Bankruptcy

If you file a Chapter 7 Bankruptcy, and later decide that you do not want to be involved in it anymore for any reason, do you have a right to dismiss the case? The answer is no. Unlike a Chapter 13, you cannot freely dismiss a Chapter 7 case on your own. Situations where this arises is when someone files a Chapter 7 and immediately after wins the lottery or receives a large inheritance. Not only can a person not dismiss his or her own case in that situation, but the person also needs to report the windfall or else face harsh consequences. Your bankruptcy schedules and statements need to be amended to include the windfall. 


If you are interested in learning more about dismissing Chapter 7 cases, please feel free to consult with a Houston bankruptcy lawyer from the Rashid Law Firm.




Recent Posts

See All

An example of cross collateral is when you have a vehicle being financed with a credit union and also have a credit card with that same credit union. If you file for bankruptcy under chapter 13, the v

Si estas buscando un abogado de bancarrota en Houston que habla español pues ya lo encontró. El abogado Rashid habla español con fluidez ya que se crío en Puerto Rico. llámenos ahora si necesitas elim