Bankruptcy - Timeframe From Start to Finish
Chapter 7 Bankruptcy Attorney and the panel trustee.
2) The 341 meeting of creditors is held approximately four to six weeks after the date of filing.
3) The debtor waits an additional 60 to 90 days until receiving a discharge order. The discharge may be delayed by the panel trustee.
If everything goes well, the debtor's case will last approximately 120 days from start to finish. If a creditor objects, there may be a separate case within the Bankruptcy Attorney's representation agreement. That is because the adversarial case is far more difficult than the total Bankruptcy Attorney can advise you regarding your rights under the U.S. Bankruptcy Code.
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ReplyDeleteFiling bankruptcy can help a person by discarding debt or making a plan to repay debts. A bankruptcy case normally begins when the debtor files a petition with the bankruptcy court. A petition may be filed by an individual,by spouses together, or by a corporation or other entity.bankruptcy attorney