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LegalCornerTM - Chapter 7 - Liquidation Bankruptcy F.A.Q.'s

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Q.When will a Chapter 7 bankruptcy petition be denied?

A.A chapter 7 bankruptcy peition will be denied, if the bankruptcy filer:

  • has been granted a discharge in a Chapter 7 Bankruptcy that was filed within the last eight years;
  • has been granted a discharge in a Chapter 13 Bankruptcy that was filed within the last six years;
  • has failed to attend a pre-bankruptcy credit and debt counseling from a government approved provider;
  • makes a false statement in the bankruptcy petition, or withholds recorded information from the trustee;
  • conceals, transfers, or destroys property with the intent to defraud a creditor or the trustee;
  • conceals, destroys, or falsifies his or her financial records or condition;
  • fails to explain any loss or deficiency of assets; or
  • refuses to answer questions or obey the orders of the bankruptcy court.

Copyright 1999-2019 Melissa C. Marsh. All Rights Reserved. All Information on this website is subject to a Disclaimer and Use Agreement. This information is provided as general information only and should not be construed as legal advice. We advise you to seek the advice of competent legal counsel to address your own specific questions, facts and circumstances.