What is the difference between discharge or dismissal of ones Chapter 13 bankruptcy?
Discharge indicates that the Chapter 13 terms have been fulfilled as agreed. Dismissal means the bankruptcy was dismissed because the terms were not being met or other factors. When a BK is dismissed the debtor is no longer under the protection of BK law and creditors can resume debt collection proceedings such as lawsuits, garnishments, and so forth.
Related Questions
- I received a discharge in a Chapter 7 Bankruptcy, but some debts that could not be discharged remain. Can filing a Chapter 13 help me with these debts?
- In a Chapter 13 bankruptcy, what is the difference between a dismissal and a discharge?
- What is the difference between discharge or dismissal of ones Chapter 13 bankruptcy?
