Dealing with overwhelming debt is challenging. If you are having trouble making ends meet, bankruptcy can help you get rid of your debt and get a fresh start. However, just because you file for bankruptcy doesn’t mean that your debt will get discharged. There are instances when bankruptcy applications could get denied. Our Indianapolis bankruptcy lawyers explain when bankruptcy discharges are denied below.
Why Bankruptcy Discharges Get Denied
Bankruptcy discharges can be denied after the bankruptcy court reviews your application. There are many reasons why a bankruptcy discharge can be denied, but one of the most common is dishonesty. If you don’t abide by the bankruptcy court rules nor cooperate with the court or the trustee, you might not get your desired case results. Below we list some of the most common reasons why bankruptcy discharges get denied:
- Violation of a court order
- Property was not reported in the bankruptcy file
- False statements were made about assets, earnings, or debt
- Failed to explain the loss of property or money
- Failed to disclose a prior bankruptcy case
- Failed to complete a required credit counseling or financial management course
- Received a Chapter 7 bankruptcy discharge within the past eight years or a Chapter 13 discharge within the past six years
Indianapolis Bankruptcy Lawyers
If you are having difficulty with your bankruptcy process, you need an experienced attorney on your side. The team at Jackson & Oglesby Law LLC has helped individuals throughout Indianapolis get a fresh start after dealing with overwhelming debt. We understand bankruptcy laws and procedures, so we have the skills and experience needed to help you achieve your desired results. Every individual's case is unique and deserves the personal and caring attention of an Indianapolis bankruptcy lawyer from our firm.
Get in touch with our team today at (888) 713-5148 to schedule a consultation!