If you decide to withdraw your petition before your bankruptcy is discharged?
2006-08-17 01:48:38 · 4 answers · asked by leo509 3 in Politics & Government ➔ Law & Ethics
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2006-08-20 12:10:00 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I'm an attorney in California and I practice in the area of bankruptcy law. If your bankruptcy case is dismissed for any reason, it is as if the bankruptcy was never filed. So yes, they could reinstate interest charges that would have accrued during the bankruptcy.
Dismissing a bankruptcy has the potential to create some problems for you under the new laws if you decided that you need to refile in the future. I would carefully review your situation with a qualified bankruptcy attorney before withdrawing the petition.
You can dismiss a Chapter 13 bankruptcy at almost anytime. Dismissing a Chapter 7 is much hard and requires court approval with an appropriate motion.
2006-08-17 11:22:14 · answer #2 · answered by Carl 7 · 0⤊ 0⤋
until your bankruptcy is official, everything proceeds the same way... so yes, they will continue to charge interest
2006-08-17 08:51:39 · answer #3 · answered by Sir Greggath 3 · 0⤊ 0⤋
Ask a lawyer rather than relying on people's opinions when you have no idea how credible they are.
2006-08-17 08:52:07 · answer #4 · answered by ThePrez98 2 · 0⤊ 0⤋