Chapter 7 bankruptcy case dismissed over unpaid fee | The Colpitts Law Firm
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Chapter 7 bankruptcy case dismissed over unpaid fee

People from all aspects of life and tax brackets can find themselves struggling financially for a variety of different reasons. Often, as a result of their struggles, people in Oklahoma and other areas of the country find their homes at risk of foreclosure. In order to prevent such action, some people choose to seek Chapter 7 bankruptcy protection.

While bankruptcy can be a relatively straightforward process, there are certain steps that must be followed to ensure that proceedings go smoothly. Because the failure to meet these steps can result in a dismissal of a case, having an attorney provide guidance during the process can help ensure a successful legal remedy. For example, a case in another state involving the foreclosure of a multi-million dollar mansion was recently dismissed because the $335 filing fee was not paid.

The home in question was in the midst of an online auction when it was halted due to the filing of papers requesting Chapter 7 bankruptcy protection, which prompted an automatic stay on foreclosure proceedings. Because the fee was not paid, however, the auction has been rescheduled for late August. Before that proceeding occurs, a hearing requesting to reinstate bankruptcy proceedings will be held.

Unfortunately, anyone can struggle with personal debt regardless of their previous level of financial success. To help ensure that all court requirements are met and help ensure that their case is not dismissed, many people in Oklahoma seek guidance from an attorney with experience with bankruptcy law to guide them through the process. While it is sometimes difficult to come to the decision that a Chapter 7 bankruptcy is necessary, many people have found that it is often the best option to manage debt.

Source:, "Update: Auction rescheduled in Bob Matthews' mansion foreclosure case", Darrell Hofheinz, July 19, 2017

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