Post-Filing Debt and Your Bankruptcy
When you file for Chapter 7 bankruptcy, one of the most important parts of qualifying is showing and justifying your debts. This includes all debts incurred up to the date that your bankruptcy is filed, which are referred to as "pre-petition debts." However, you may be curious about the debts that you incur after you have filed for bankruptcy.
Although each bankruptcy case varies, the general rule is that any additional debts accrued after filing will not be included in your bankruptcy petition. Should you incur a significant amount of debt, such as an emergency medical situation, it may not be protected by your bankruptcy filing. There are a few options, however, to taking care of your post-petition debts.
You could either opt to dismiss your first bankruptcy case and re-file a new case in order to include the new debts or you can convert your Chapter 7 bankruptcy into Chapter 13 bankruptcy which will require new paperwork and more time spent with your Houston bankruptcy attorney.
Debt relief is possible through bankruptcy, but to get through the process with ease, you'll want to
contact a Houston bankruptcy lawyer from our team. We can help you file your petition and represent you from the start of your case till the very end.