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Ask WALLSTREETESQ Your Own Question
Category: Bankruptcy Law
Satisfied Customers: 17248
Experience:  14 years exp., CH 7 AND 13 Bankruptcy cases, AFL-CIO UNION PLUS, UFT NYSID AND ALL MAJOR UNIONS
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What is the proper term used when you withdraw from a bankruptcy

Resolved Question:

What is the proper term used when you withdraw from a bankruptcy proceeding? Is withdraw the proper term?
Submitted: 6 years ago.
Category: Bankruptcy Law
Expert:  WALLSTREETESQ replied 6 years ago.

Hello I am a licensed attorney here to help you with your question, please review my response and do not hesitate to ask for clarification.


Typically in a chapter 13 case you can file motion to withdraw and it will be approved by the court, in a chapter 7 case a motion to withdraw is more complicated and can be objected by the trustee, but a "withdrawl" is the proper term.


Typically it is easier to have a bankruptcy dismissed by the court than having a withdrawl granted, since if you do not appear at a creditors meeting it will be dismissed.

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