Under What Circumstances can a Long Island Bankruptcy be Denied?

by Ronald D. Weiss on Nov. 15, 2015

Bankruptcy & Debt Bankruptcy 

Summary: Filing for bankruptcy can be a complicated and onerous process. In most cases, you will have to provide the court with detailed filings describing your assets, income, and debts.

Filing for bankruptcy can be a complicated and onerous process. In most cases, you will have to provide the court with detailed filings describing your assets, income, and debts. In addition, successfully filing for bankruptcy requires people to meet certain procedural requirements and attend multiple meetings before the court grants any discharge of their debts. As a result, there are several opportunities to make mistakes that have the potential to result in the denial of your bankruptcy. Fortunately, the help of an experienced Long Island bankruptcy attorney can help ensure that your case goes as smoothly as possible.

There are many potential reasons a bankruptcy could be denied. Some of the more common are discussed below:

·         Bankruptcy fraud – Engaging in bankruptcy fraud is one of the easiest ways to have the court deny your petition. Some common examples of bankruptcy fraud include hiding or concealing assets or income from the court, using someone else’s social security number or name to file for bankruptcy, making large and unnecessary credit card purchases in the period leading up to filing, or bribing the bankruptcy trustee to influence the outcome of your case.

·         Submitting incomplete documentation – A bankruptcy court will not accept a bankruptcy filing with missing or incomplete documentation. In many cases, these errors or omissions may be completely innocent. Nonetheless, they have the potential to result in a bankruptcy denial.

·         Failing to complete required debtor counseling -  People who wish to file for bankruptcy must complete credit counseling prior to filing as well as debtor education prior to receiving a discharge. Failing to do either can result in the court denying your bankruptcy petition.

Contact a Long Island bankruptcy attorney today to schedule a free case evaluation

Anyone who is considering filing for bankruptcy should discuss their situation with a loan modification attorney in Long Island, New York as soon as possible. The assistance of a lawyer can help ensure that your filing goes as smoothly as possible and that your case is brought to the best outcome possible. To schedule a free consultation with attorney Ronald D. Weiss, call our office today at 631-318-0985.

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