Get Started


Debt Destroy

How Long Does It Take To File Bankruptcy?


Lurker Rep Points:
Posted on July 28, 2009 at 9:07 pm
Some of us may be considering bankruptcy given current hardships, and one of their main concerns may be this: "how long does it take to file bankruptcy?" Hope some of you may be able to shed light on the matter. Thanks

ellaella99 Rep Points:
Posted on July 29, 2009 at 2:11 am
I've tried doing this, I asked some bankruptcy attys in my area, was informed that it would take around 4-6 mos before my debts were to be discharged, under the Chapter 7 that is, so I declined. truth be told i wanted an easy and quick solition and bankruptcy wasnt that per se.Now i'm wondering if it applies to every state or in just some particular areas.

Purple Cow Rep Points:
Posted on July 29, 2009 at 2:45 am
To address the issue of how long does it take to file bankruptcy:For the most part the duration of filing bankruptcy may vary depending on how complex your case is. Some cases take as short as a month and as long as 4 months. After that, you need to give it an additional three weeks to a month for a meeting with the bankruptcy trustee and probably the creditors, after which you'll hear from the creditors after 60 more days. By the 62nd-63rd day you'll be able to hear feedback on which debts have been discharged or not.
Posted on July 29, 2009 at 3:08 am
Is it faster to file Chapter 13 or Chapter 7???
Posted on July 30, 2009 at 11:42 pm
 
Posted on July 30, 2009 at 11:44 pm
 

mayorofwinsor Rep Points:
Posted on July 31, 2009 at 11:26 am
13 or 7?....not understanding concept

Steven Rep Points:
Posted on July 31, 2009 at 11:30 am
Do you mean you don't understand how Chapter 7 and Chapter 13 bankruptcy work?