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Can we withdraw from bankruptcy after 1 year because the cost is killing us and we are struggling to pay our mortgage

Filed bankruptcy 1 year ago to give unsold house back. Struggling with paying bankruptcy fee to pay current mortgage and car notes. Can we withdraw from bankruptcy?

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Attorney answers (2)

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Reputation Level 7
Hi. More information is needed. First, if you have an attorney you should consult with him or her. It is possible to have a bankruptcy case dismissed. Your question does not indicate whether you filed a Chapter 7 or 13. There are ramifications when a case is dismissed. You should consult an attorney to discuss your specific circumstances.

Reputation Level 13
You can withdraw from a Chapter 13 bankrutpcy anytime you want. You can also choose to convert the case to a Chapter 7 which may be a good idea if you have credit cards debt or there might be a deficiency judgment after foreclosure. Speak with your attorney about your options.

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