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General Grounds to Dismiss a Chapter 7 Case

Learn about the general circumstances in which the bankruptcy court will dismiss a chapter 7 case.

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I. General Effect of Dismissal

The bankruptcy court can dismiss a chapter 7 bankruptcy case in appropriate circumstances. If the bankruptcy court dismisses a case for any reason, then that's the end of the case. At that point, the debtor can forget about receiving a discharge, unless perhaps she files for bankruptcy again somewhere down the line. And the automatic stay no longer applies, which means creditors can exercise their lawful remedies against the debtor as though the bankruptcy had...

Lessons

1. Welcome to Bankruptcy
5. Chapter 7 Liquidation
  • Chapter 7 Panel Trustee
  • Distribution of Estate Property in Chapter 7
  • Discharge in Chapter 7
  • Personal-Property Collateral in Chapter 7
  • General Grounds to Dismiss a Chapter 7 Case
  • Introduction to the Means Test and Dismissals or Conversions for Abuse
6. Debt Adjustment in Chapter 13
  • Eligibility to File for Chapter 13
  • The Estate in Chapter 13
  • Introduction to the Chapter 13 Plan of Debt Adjustment
  • Terms Permitted in a Chapter 13 Plan
  • Chapter 13 Confirmation Requirements: Treatment of Secured Claims
  • Chapter 13 Confirmation Requirements: Treatment of Unsecured and Priority Claims
7. Preferences
  • Introduction to Preferences
  • A Transfer to a Creditor or for a Creditor's Benefit Made for or on Account of an Antecedent Debt
  • A Transfer Enabling a Creditor to Receive More Than It Would in Chapter 7
  • The Net-Benefit Rule
  • Contemporaneous Exchanges for New Value
  • Transfers in the Ordinary Course of Business
  • Subsequent New Value