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Can You Refile Bankruptcy After Dismissal

By Teletalk Desk

Bankruptcy is a powerful tool allowing individuals to manage their debt and get a fresh financial start. Unfortunately, if all requirements of the bankruptcy process are not fulfilled, your petition is at risk for dismissal. Fortunately, you may be able to refile bankruptcy after dismissal.

Table Of Content:

What should I do if my bankruptcy petition was dismissed?

Depending on the reason behind the dismissal, you may be able to refile your petition. Speak with your attorney regarding the specifics of what must be done in order to refile successfully.

When can I refile my bankruptcy petition?

Generally speaking, you can file one of two types of bankruptcy cases after dismissal—Chapter 13 or Chapter 7—as long as they are filed during the 180-day period following dismissal.

What documents do I need to gather before I can refile?

Before you can submit a new petition for filing, you must provide copies of all the required documents that were previously submitted in your prior case. This includes your credit counseling certificate and payment advices from any recent income tax returns that have been filed since your initial filing.

How will I know if my new filing was successful?

Once it’s been determined that all the necessary documents have been received and reviewed by court staff, they will issue an official statement or order indicating whether or not your new filing has been accepted for processing.

Can I still receive debt relief after a successful refiling?

Yes! One of the main goals of bankruptcy proceedings is to give individuals an opportunity for a fresh financial start by providing debt relief. As long as everything goes according to plan during your new filing, you should still be eligible for most forms of debt relief provided in either Chapter 7 or Chapter 13 bankruptcies.

Conclusion:
Refiling for bankruptcy after dismissal can seem intimidating due to all the paperwork and documentation required. However, with proper guidance and assistance from legal professionals it can be a straightforward process which could help provide much needed relief from overwhelming debts.

Teletalk Desk

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