' Ch. 7 Bankruptcy Creditor Interference - Law Offices of Robert M. Geller
CALL NOW!
FREE PHONE/VIRTUAL CONSULTATION

Can a Creditor Interfere with Your Bankruptcy?

The simple answer to this question is, “Yes, a great deal.” However, an experienced attorney can ensure your bankruptcy proceedings ultimately are successful, even if a specific creditor raises an issue with the discharge of their debt. You might be forced to pay that particular debt back, but you will still receive relief from bankruptcy.

They key to a successful Chapter 7 bankruptcy is eliminating as much of your debt is possible. Ideally, you will owe nothing at the completion of your Chapter 7 and you can truly get that fresh start you expected.

Unfortunately, your creditors are not going to go willingly into the situation because it means they must take a loss on the money you owe them.

Doing Your Part

According to Section 727 of the Bankruptcy Code, the court must grant the debtor a discharge as long as he or she fulfills any necessary obligations of the bankruptcy, and to the trustee and creditors. This means you must provide accurate information about your assets, your liability, and the money you earn within a certain period of time. You are at risk of perjuring yourself if you are dishonest concerning any of these issues and your bankruptcy request will likely be denied.

Section 727 also allows the trustee or a creditor to file a complaint if he or she believes you have been dishonest. The most common reason a complaint is filed is because the debtor is thought to be hiding assets or information, or because his or her financial records are disorganized and do not reflect reality. Remember, if a creditor believes it is possible to receive payment for the debt you owe and that you do not deserve a discharge, they are going to do whatever it takes to get their money.

Revoking a Discharge

Finally, keep in mind a discharge could be revoked. Do not assume that if you hid information, intentionally or by accident, and your debts were discharged, you got away with anything. Revoking of a discharge must take place within one year or before the bankruptcy case is closed.

In most cases, people are honest and do not intentionally hide information. People filing for bankruptcy are often frightened and looking to their attorneys for assistance. If information is inaccurate it is because they legitimately did not think they needed to tell their attorney. However, there are cases where people try to get away with hiding assets. Don’t do this – it always backfires.

If you have questions about creditors and their role in your bankruptcy or you are ready to file, we can help. Contact the Law Offices of Robert M. Geller at 813.254.5696 to discuss your financial situation and determine your next best step.

Archive

Video Testimonials

Tampa Bankruptcy Law Blog

Do Both Spouses Have to File Bankruptcy?

For some couples, filing for bankruptcy is the best way to get out from under crippling debt. But what if...
Read More

Will Bankruptcy Ruin My Life?

Bankruptcy is a legal solution for people struggling with unmanageable debt. It can be a difficult decision to make. In...
Read More

Can Bankruptcy Take Inheritance?

Are you considering bankruptcy? Do you have concerns about your assets? Can bankruptcy take your inheritance? Here’s what you need...
Read More

Can You Go to Jail for Filing Bankruptcies?

Bankruptcy is a difficult decision. However, it can be necessary if you are struggling with debt. This is true whether...
Read More

Can You File Bankruptcy If You Don’t Have a Job?

Filing for bankruptcy is an intimidating prospect. Unemployment adds another layer of complexity to the situation. Can you file for...
Read More

Who Pays for Bankruptcies?

When a debtor files for bankruptcy, the court discharges the majority of their debt. This means that the creditors must...
Read More

Do You Have to Go to Court to File for Bankruptcy?

If you are considering filing for bankruptcy, one of the biggest questions you may have is whether or not you...
Read More

Can You Rent After Bankruptcy?

Filing for bankruptcy can be an overwhelming experience, and it’s important to understand the implications of this process before you...
Read More

Can You File Bankruptcy on Unemployment Benefits?

If you’re considering filing for bankruptcy due to financial hardship, it can be helpful to understand the various options available....
Read More

Do Bankruptcies Show Up on Background Checks?

The decision to declare bankruptcy can be difficult, and it is important to be aware of the potential consequences. One...
Read More

Bankruptcy

For The Next 5 Days GET A FREE BOOK About Bankruptcy

Learn More

Infographics

We are A Debt Relief Agency.
We help people file for bankruptcy under the Bankruptcy Code

Pay Online Bankruptcy Courses Newsletter Subscription

Call For A Free Initial Consultation

813.254.5696

Tampa Office

Law Offices of Robert M. Geller, P.A.
807 West Azeele Street
Tampa, FL 33606
T: (813) 254-5696
T: (800) 853-7549
F: (813) 253-3405

Map And Directions

St. Petersburg Office

Law Offices of Robert M. Geller, P.A.
125 5th Street South
(Wells Fargo Financial Center)
2nd Floor, Suite G
St. Petersburg, FL 33701
T: (727) 532-3939

Map And Directions

Pasco Office

23526 State Road 54
Lutz, FL 33559
T: (813) 336-2320

Map And Directions