Bankruptcy

Is there any penalties for filing skeletal bankruptcy (bare bones)and not completing the filing in the 14 days allowed ?

Since the case will be dismissed because of that, do the creditor still need to request to lift the automatic stay,or the dismissal is automatically lifting it?

Nathan’s Answer

The stay won't exist after the bankruptcy case is dismissed. There won't be a penalty for filing a bankruptcy and not following through - you received temporary protection - keep in mind you may not be able to file another bankruptcy for a period of 180 days due to this one not being completed - please check with a Bankruptcy attorney.

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