The suit was originally filed before the Chapter 7 petition. The debt collection attorney requested a continuance instead of a voluntary nonsuit. I have indicated my intention to surrender the secured property on my "Statement of Intention", I am willing to surrender the property, and I have in no way indicated otherwise. Should I request that the local court dismiss the case, or are they allowed to continue seeking a judgement under the premise of obtaining or securing their property?
Bankruptcy is a legal way for people or businesses who are no longer capable of paying back their bills to clear these debts and start over.
Chapter 7 bankruptcy is a form of bankruptcy where your debts are canceled, but some of your assets are sold to pay off part of your debt.
by attorney Josh Johnson
Many bankruptcy clients wonder why civil judgments (for credit card debt and other types of debt) still appear on their credit reports even after... more