If things do not seem to go my way can i stop bankruptcy proceedings even after the 341 meeting? Can i stop it at anytime before the debts are discharged?
Answer
If you have filed a Chapter 7 bankruptcy, you must obtain the court's permission (Motion to Dismiss). If you have substantial non-exempt property, expect the trustee to oppose your Motion, and anticipate the possibility that permission may be denied. You may then want to consider the option of converting your Chapter 7 to a Chapter 13.
If you filed a Chapter 13 (or another chapter other than 7) you can dismiss your bankruptcy at any time prior to your discharge.
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