My Bankruptcy Was Dismissed. What Happens Now?
After a bankruptcy case is dismissed, it's important to know what comes next. Depending on the reason for the dismissal, different courses of action can be taken. If your bankruptcy was dismissed without prejudice, you may have the opportunity to refile your claim.
Once a bankruptcy case has been dismissed with prejudice, all debt included in the filing will become due again immediately and creditors can begin collecting them as if no filing ever occurred. It’s important to understand that any collection activity must stop once a new bankruptcy is filed or the original petition was discharged. Furthermore, it’s critical to continue making payments towards secured debts such as mortgages and car loans.
No matter why your initial filing was dismissed, seeking professional legal advice from an experienced bankruptcy attorney can provide helpful guidance in understanding how best to proceed and protect yourself from further financial distress.
The Law Offices of Omar Zambrano has helped thousands of people and businesses in the past to get out of debt and start over.
Our main goal is to help you find a fresh start FAST!
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