Can a bankruptcy case be dismissed if debts can be paid before discharge?

Full question:

Can a person request that their bankruptcy case be withdrawn/dismissed if they receive enough in a lump some of money from a relative to pay outstanding debts to creditors and resume their monthly payment obligations to the them before the discharge and closing of the bankruptcy occurs? If so, what is the process for this request to the judge?

Answer:

A person can request to voluntarily dismiss their bankruptcy case. The bankruptcy court has the discretion to grant or deny this request. If a person receives a lump sum of money that allows them to pay their debts and resume payments, they can file a motion to dismiss their case. This motion should be submitted to the court, and the judge will decide whether to approve it based on the circumstances.

This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.

FAQs

Certain judgments are not dischargeable in bankruptcy, including those related to fraud, willful and malicious injury, and some tax debts. Additionally, obligations for alimony, child support, and student loans typically cannot be discharged. It's important to consult with a bankruptcy attorney to understand the specifics of your situation and which debts may remain after bankruptcy.