A co worker of mine filed and he said the judge denied his bankruptcy. Why would a judge deny it? (I didn't want to probe him). I do know that he recently had a $600,000 default judgment against him for some kind if fraud real estate deal.
The potential reasoning could be fraud issue. The judge will make a ruling and in the order it will specifically state the reasoning for denying the discharge.
Bankruptcy is designed so that the honest but unfortunate person can get a fresh start.
It does not sit well with Bankruptcy Judges if someone were to use that forum as a way to commit fraud.
No one could possibly answer your specific question without a detailed review of the facts and the Judge's ruling. But generally speaking, concealing assets, failing to keep accurate financial books and records, running up debts having no intention to pay them, these are things which could result in a denial of discharge. Fortunately it is quite rare.
I am not your attorney unless you and I have signed a retainer agreement. What I am saying is not legal advice. Do not act on this information without engaging my services, this is for consideration only.
Under various subsections of section 523 of the bankruptcy code, if a debtor commits fraud they can be denied a discharge.
Also in a Chapter 13 case there is a debt limit for unsecured debt and a case can be dismissed for having $600,000 in unsecured claims by exceeding the debt limit.
Years licensed, work experience, educationLegal community recognition
Peer endorsements, associations, awardsLegal thought leadership
Publications, speaking engagementsDiscipline