Q: I filed a chapter 7 bankruptcy before getting hired at a new job that pays a lot more. Am I going to get in trouble for
filing or is there a way I can cancel my petition?
A: It is possible to dismiss a chapter 7, but it must be by motion and is at the discretion of the Judge. You need to see a bankruptcy lawyer near you that will know the local customs of your bankruptcy court. You will not be in trouble for filing the case but, you may no longer need the bankruptcy as your question indicates. Hope it works out. Good luck!
A: There are specific rules regarding income. You could still be okay but you should the attorney you used when filing. If you didn't use an attorney you should consult with one in your area right away to determine what the consequences of your increased income are.
A: I agree with my colleagues - talking with an experienced bankruptcy attorney is critical to consider all options.
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