Mistakes

Common Mistakes When
Filing Bankruptcy

Avoid these costly errors that delay cases, trigger dismissals, or cost you money.

Pre-Filing Mistakes

Running up credit cards before filing: Purchases of $725+ in luxury goods within 90 days of filing, or cash advances of $1,000+ within 70 days, are presumed non-dischargeable. Some filers assume "I'm filing anyway" and go on a spending spree -- this can result in those debts surviving the bankruptcy.

Paying "favorite" creditors: Paying family members or friends more than $600 in the 12 months before filing (or any creditor more than $7,575 in the 90 days before filing) can be clawed back by the trustee as a "preference." Time your filing to avoid preference issues.

Transferring property: Moving assets to family members, selling property below value, or retitling vehicles within 2 years of filing is scrutinized as a fraudulent transfer. The trustee can void these transactions.

Filing Mistakes

Choosing the wrong chapter: Filing Chapter 13 when you qualify for Chapter 7 wastes 3-5 years. Filing Chapter 7 when you have non-exempt assets risks losing them. Get proper advice before choosing.

Incomplete schedules: Forgetting to list a bank account, a creditor, or a prior address can trigger complications. The trustee reviews everything carefully.

Bad timing: Filing right before a tax refund, bonus, inheritance, or personal injury settlement can put those funds at risk. Timing matters.

Post-Filing Mistakes

Not completing required courses: Missing the financial management course prevents discharge. Take it promptly.

Taking on new debt: In Chapter 13, new credit without court approval can jeopardize your plan. In Chapter 7, new debt during the case is not discharged.

Not attending the 341 meeting: Missing your 341 meeting without rescheduling results in case dismissal.

Not opening mail from the court: Court notices contain deadlines. Missing a deadline can result in denial of discharge or dismissal.

Frequently Asked Questions

What should I NOT do before filing bankruptcy?
Do not: run up credit cards, pay family or friends (preferences), transfer property to others, take on new loans, drain retirement accounts, or hide assets. All of these can cause serious problems.
Can I be denied a discharge?
Yes. Discharge can be denied for: concealing assets, destroying records, making false statements under oath, failure to explain loss of assets, or prior discharge within the time bar period.
What if I made a mistake on my petition?
File an amendment as soon as you discover the error. Honest mistakes corrected promptly are generally not penalized. Intentional omissions are a different matter.

Last updated: April 2026. Not legal advice.

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