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Key Elements to Include in the Letter It should include the name and contact information of the debtor, the date of the filing, the court where the bankruptcy was filed, the case number, and the type of bankruptcy filed. It should also provide information about the bankruptcy trustee and the meeting of creditors.
The Court may adjourn the hearing without setting a future date and may also order the Trustee to be discharged with the rights of creditors to be reinstated. This leaves the debtor as an undischarged bankrupt without protection from creditors.
Dismissal of a Bankruptcy Case ? Dismissal ordinarily means that the court stopped all proceedings in the main bankruptcy case AND in all adversary proceedings, and a discharge order was not entered. Dismissal can occur because a debtor requested the dismissal and qualifies for voluntary dismissal.
Absolute discharge?The bankrupt is released from the legal obligation to repay debts that existed on the day the bankruptcy was filed, with the exception of certain types of debt. Conditional discharge?The bankrupt must meet certain conditions to obtain an absolute discharge.
To be discharged from bankruptcy means that you are released from all obligations to repay debts included in your bankruptcy filing. A full and complete discharge is the primary advantage of filing bankruptcy when an insolvent person seeks relief under the Bankruptcy and Insolvency Act.
Early on, Chapter 13 and Chapter 7 cases may be dismissed for similar reasons, almost all of them procedural: Failure to pay the court filing fee; improper preparation for, or failure to attend, the meeting of creditors; failure to attend the required financial management course; failure to file all required bankruptcy ...
You will be automatically discharged (without having to make a court application) 9 months after filing for bankruptcy if: ° this is your first bankruptcy; ° your discharge is not opposed by your trustee, your creditors, or the Office of the Superintendent of Bankruptcy; ° you have gone to counselling sessions; ° your ...
Whether the trustee can take money you receive after filing your case depends on whether you were entitled to the money at the time your case was filed and how it was listed on your forms, if at all.