In Centennial and across Colorado, your Chapter 7 or Chapter 13 bankruptcy discharge can be revoked under certain circumstances after the request of an interested party. An “interested party” is typically a creditor, United States trustee or the trustee assigned to your bankruptcy case. A bankruptcy discharge is usually revoked if you are not honest or you commit fraud during your bankruptcy. The best way you can avoid risking a bankruptcy discharge revocation is by filing with a competent bankruptcy attorney.
Littleton Chapter 7 and Chapter 13 Bankruptcy Revocation of Discharge: Reasons a Bankruptcy Can Be Revoked
In a Chapter 7 or Chapter 13 bankruptcy in Littleton and across Colorado, your bankruptcy discharge can be revoked by a United States trustee, the trustee assigned to your bankruptcy case, or by your creditors for many different reasons. According to 11 U.S. Code, Section 727(d), some of these reasons include if:
- You committed bankruptcy fraud to obtain your bankruptcy discharge and the party who requested that your discharge be revoked didn’t know about the fraud until after the discharge was granted;
- You acquired property that was property of the estate, or you became entitled to acquire property that would be property of the estate, and you knowingly and fraudulently failed to report your acquiring or becoming entitled to the property, or delivering or surrendering the property to the trustee;
- You refused to obey court orders;
- You failed to explain a material misstatement in a bankruptcy audit or failed to make available all necessary accounts, papers, documents, financial records, files, and all other papers, things, or property belonging to you that were requested in a bankruptcy audit.
Aurora Bankruptcy Discharge: When Can a Bankruptcy Discharge Be Revoked?
If an interested party wants to request a bankruptcy discharge revocation because of fraud in Aurora or elsewhere in Colorado, they must request it within one year after the discharge was granted. If an interested party wants to request a revocation of a discharge because you did not surrender property, disclose property, transfer property to a family member, or if you did not obey court orders, they must do so within a year after the discharge was granted or before the date your case is closed, whichever is later.
Avoid Discharge Revocation: Contact an Affordable Castle Rock Bankruptcy Lawyer
When filing a Chapter 7 or Chapter 13 bankruptcy in Castle Rock or any other part of Colorado, always be honest and disclose required information to avoid any type of fraud or risk losing your discharge. Any bankruptcy fraud committed may not only result in a bankruptcy discharge revocation, but it can also lead to jail or prison time. Filing bankruptcy with a knowledgeable bankruptcy lawyer is your best option for avoiding bankruptcy fraud and ensuring you receive financial relief through your bankruptcy discharge. Don’t be fooled by a cheap bankruptcy attorney’s false promises. Call bankruptcy attorney Barry Arrington today for help filing a Chapter 7 or Chapter 13 bankruptcy in Colorado and be on your way to your best, fresh start.
If you are considering a Chapter 7 or Chapter 13 bankruptcy in Colorado, call Christian bankruptcy attorney Barry Arrington today to request your free initial consultation. Call Barry at 303-205-7870. Or, submit the “Get Help Now” form to begin your journey towards financial freedom.