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.