What Happens If My Bankruptcy Is Dismissed?
In Raleigh, NC, most bankruptcy dismissals occur because people file without an attorney (pro se) and are unfamiliar with the process, or because they are committing fraud. It’s important to understand the difference between a dismissal and a discharge in bankruptcy. A discharge wipes out debts, while a dismissal means the case is closed without wiping out debts, as if it never happened.
Common Reasons for Bankruptcy Dismissal:
Your bankruptcy case can be dismissed by the court for several reasons, including:
- Failing to show up for your 341 meeting or court hearing
- Not paying required fees
- Not filing all the necessary paperwork
- Failing to follow instructions from the court
What Happens If Your Bankruptcy Is Dismissed?
If your bankruptcy case gets dismissed, your debts will remain, and creditors can resume collection efforts. It’s as if you never filed. To prevent dismissal, it’s important to follow all court rules and procedures.
Denial of Discharge
The court can deny a discharge if they determine you committed fraud or other dishonest actions, such as:
- Transferring, hiding, or destroying property with the intent to defraud creditors
- Lying about your assets, debts, or financial situation
- Failing to explain a loss of assets
- Refusing to follow court orders or answer important questions
High Success Rate with Cameron Bankruptcy Law
At Cameron Bankruptcy Law, we have a 99% success rate for discharging unsecured debts in Chapter 7 cases. If you are honest, follow the process, and do not convert your case or back out, your chances of having your debts wiped out are extremely high.
What If You Fall Into the Less Than 1%?
If you’re part of the rare less than 1% of cases that don’t end in a discharge, and no illegal actions were taken, your situation will proceed as if the bankruptcy never happened. You’ll still owe your debts, and creditors can resume collection efforts.
To ensure the best possible outcome, trust Cameron Bankruptcy Law to guide you through the bankruptcy process and help you avoid common pitfalls that lead to dismissal.
