Sunray, TX Bankruptcy Law Firms & Lawyers

It should not affect him unless you attempt to get loans together. Then the lenders will look at both spouses income and credit score. The futher you get from the filing or completion of your plan the better you will be and the better your credit score will become.

A dismissal of bankruptcy means you are no longer in bankruptcy and did not receive a discharge of debts.  Thus, you still owe the balance remaining to any of your pre-bankruptcy creditors and if you were curing a default on your mortgage, the default is still there and they can now foreclose. Your options now are to either file a Motion for Reconsideration or to Set Aside the Dismissal if you have appropriate facts to do so (which you might), or file a new Chapter 13 case. A lot of times claims are filed which need to be paid in full, so the payment you were originally making might not have been sufficient to cover all the necessary claims.  Without reviewing your entire case file I couldn't tell you what the situation is in your case.  Your attorney should have been monitoring that and taking steps to modify your plan payments if necessary.  But I'm just speculating as to what may have happened. Mark Markus has been practicing exclusively bankruptcy law in California since 1991.  He is a Certified Specialist in Bankruptcy Law by the State Bar of California Board of Legal Specialization,  AV-Rated by martindale.com, and A+ rated by the Better Business Bureau.  

You need to sit down with your attorney or a attorney to review the petition that was filed, the proofs of claims that have been filed and your current income to see if you can modify the plan payment. If this is not possible and you stop making your payments the mortgage company can file a Motion for Relief to get the house out of BK and foreclose on it. I would work on a game plan to keep you in the house as long as possible at this point. But it looks like retaining the home is not possible if you cannot afford the mortgage payments.