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Your Duties in Chapter 7 Bankruptcy – Part 1

Personal Bankruptcy in The Woodlands and the Southern District of Texas is an important procedure. In order to obtain the discharge that is one of the most important goals of going through bankruptcy in Montgomery County, you must fulfill your obligations to the Bankruptcy Court. If you do not fulfill your obligations to the Court, your case may be dismissed or some of your debts may not be discharged.

Today we will review some of your duties to the Court when you file for Chapter 7 Bankruptcy. Your obligations include:

  1. You must provide written notice to the Trustee if you remember or become aware of any property (of any kind or value) that you owned or were entitled to at the date you filed your bankruptcy, that you forgot to list or that you did not become aware of until after you filed bankruptcy.
  2. You must provide written notice to the Trustee of any inheritance or monies that you receive or become entitled to as a result of a death that occurred either before you filed bankruptcy or within six (6) months after your bankruptcy filing.
  3. You must provide written notice to the Trustee of any money or property you may receive as a result of a final divorce decree (excluding child support) that occurred either before you filed bankruptcy or within six (6) months after the date you filed your bankruptcy petition. (A copy of the Divorce Decree and the Property Settlement Agreement or Agreement Incident to Divorce should be sent with the notice.)

Your Woodlands Bankruptcy Attorney can represent you through the process and make sure you fulfill your legal obligations in order to get the discharge you are entitled to. We will continue our review of your obligations to the Bankruptcy Court in your Chapter 7 case in our next article.

Related posts:

  1. Your Duties in Chapter 7 Bankruptcy – Part 2
  2. Your Duties in Chapter 7 Bankruptcy – Part 3
  3. Your Duties in Chapter 7 Bankruptcy – Part 4

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