Legal Question in Bankruptcy in Wisconsin

Withdrawing a Ch. 7 Bankruptcy

Unlike chapter 13 bankruptcies in which a debtor has a right to voluntarily dismiss, chapter 7's are rarely dismissed once commenced. Cases are usually only dismissed when dismissal is found to be in the best interest of creditors. That can include a scenario where the debtor comes into some money and can now pay off the debts. It is also sometimes possible to convert a chapter 7 case to chapter 13 payments plans. This option becomes attractive when problems arise which make a chapter 7 discharge unlikely (such as a finding that the debtor's income to too high or that the debtor has engaged in some sort of fraud). My comments in this online forum are not intended as legal advice: you need to consult with your own lawyer.

Withdrawing a Ch. 7 Bankruptcy

Unlike chapter 13 bankruptcies in which a debtor has a right to voluntarily dismiss, chapter 7's are rarely dismissed once they are commenced. Cases are usually only dismissed when dismissal is found to be in the best interest of creditors. That can include a scenario where the debtor comes into some money and can now pay off the debts. It is also sometimes possible to convert a chapter 7 case to chapter 13 payments plans. This option becomes attractive when problems arise which make a chapter 7 discharge unlikely (such as a finding that the debtor's income to too high or that the debtor has engaged in some sort of fraud). My comments in this online forum are not intended as legal advice: you need to consult with your own lawyer.