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    bankruptcy

    What happens or is penalty if you start bankruptcy process and then withdraw?

    #2
    That depends on the facts and whether you file Chap 7 or Chap 13. One thing I can say for sure is that the BK will be on your credit reports for 7 to 10 years after filing.

    We can better help you with some information about your situation.
    LadyInTheRed is in the black!
    Filed Chap 13 April 2010. Discharged May 2015.
    $143,000 in debt discharged for $36,500, including attorneys fees. Money well spent!

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