Shopping Cart
Your Cart is Empty
There was an error with PayPalClick here to try again
CelebrateThank you for your business!You should be receiving an order confirmation from Paypal shortly.Exit Shopping Cart




Call Us Now   

(904) 415-7744

Schedule of Consultation   



Chapter 7 Bankruptcy Timeline

Posted on February 4, 2013 at 2:18 PM
The entire process takes about 3 months (CHAPTER 7) and is summarized in 4 easy steps: Once you’ve chosen us to assist you with your bankruptcy case, you will need to provide documentation regarding your financial situation and to fill out our Bankruptcy Intake Form. ·         
Go to Credit Counseling – One of the requirements of bankruptcy is to attend credit counseling classes. These classes are designed to educate you regarding finances so that you do not wind up in the same situation again. Classes are simple and take a short amount of time to complete and can be done on the web. About 1 weeks after you provide us with a completed Bankruptcy Intake Form we will have your bankruptcy ready for filing! We will schedule to review the details of the petition and sign the required documentation. ·         
Bankruptcy Petition Filed and Case Number Provided – The day after signing your petition we will file the documents with the bankruptcy court and you will receive your case number. Once you have a case number, you will be required to attend another educational course. This should either done prior to you first bankruptcy court hearing or no more than 60 days after your bankruptcy hearing. ·         
‘Automatic Stay’ Goes into in Effect – This stops all creditors from making any attempts to collect money from you or to even call you. All judgments or pending law suits are also stopped as of the moment in time of your bankruptcy filing. ·         
Notice From Bankruptcy Court – After your bankruptcy petition has been filed with the court, you will receive a notice informing you of your hearing date. Normally the hearing will take place about 30 days after your petition signing. You will need to appear before the court for a hearing during which the bankruptcy trustee will ask you a series of questions. Your bankruptcy lawyer or paralegal will prepare you for these questions and get you ready for the hearing. The hearing itself is relatively short, only ten minutes in many cases. ·        
Keeping Property (Reaffirming Debt) – During the bankruptcy court hearing, if there are any debts that you would like to “reaffirm”, meaning you would like to keep the property, you will need to bring this up and sign a reaffirmation agreement. This means you will agree to a repayment schedule with the creditor. Often times a discounted rate will be offered in order to help you with the repayment, such as a car payment. About two months after you court hearing, you will receive a Notice of Discharge from the bankruptcy court. At this point, your bankruptcy case is over and you are relieved of all debt, except that which you chose to reaffirm.

Categories: Bankruptcy

Post a Comment


Oops, you forgot something.


The words you entered did not match the given text. Please try again.


Reply tucson bankruptcy attorneys
7:34 AM on March 6, 2013 
precious piece of the writing about the chapter 7 bankruptcy. your bankruptcy case is over and you are relieved of all debt information so valuable to me that makes me careful about my debt. Thanks for lettering this valuable info :)
Reply tour tibet
10:56 PM on May 19, 2013 
Very good blog! Do you have any tips and hints for aspiring writers? I'm planning to start my own site soon but I'm a little lost on everything. Would you recommend starting with a free platform like Wordpress or go for a paid option? There are so many choices out there that I'm totally overwhelmed .. Any ideas? Cheers!
Reply bankruptcy attorney sacramento
5:32 PM on August 13, 2013 
Really good overview about chapter 7 Bankruptcy! I have read out this entire blog very attentively and have learned so many things about bankruptcy which will be very constructive for me in near future as well. Thanks
Reply Wholesale Halloween Costumes
7:17 AM on August 28, 2013 
Wonder Beauty Wholesale Halloween Costumes. Because halloween is coming, so I buy many Sexy Halloween Costumes from Wonder Beauty last week. All of them with low price and top quality. Because they have their own factories, so fast delivery. If you want to buy Cheap Halloween Costumes,Wonder Beauty is a very good choice.
Reply Replica Watches
2:13 AM on August 31, 2013 
Very good article,Do you want to know more about it?I just do not tell you.
Reply Handbags
2:13 AM on August 31, 2013 
Very well written, I hope next time can be good, thanks for sharing
Reply Bugis new condo
9:20 AM on August 31, 2013 
Thanks a lot for this beauty Enjoying article with me. I am appreciating it very much! Looking Forward to Another Great article. Good luck to the Author! All the best.
Reply Yishun new condo
1:06 PM on September 4, 2013 
Prime and selective blog for me. The way you have given details chapter wise is highly estimable for me. I am glad that I am posting my comment on the post that is informative according to me.
Reply real estate licence course
6:27 AM on September 9, 2013 
Interesting post and thank you for sharing. There are things here that I have not thought before.Thanks to make such a cool post which is really very well written.will refer a lot of friends about this. Keep blogging.
Reply wedding halls in ghaziabad
6:51 AM on September 10, 2013 
I agree with each and every conclusions made on this topic. It is really

very informative. Thanks for sharing.
Reply life coaching for teens
12:00 PM on September 10, 2013 
Good day! I simply would like to give an enormous thumbs up for the great information you’ve got right here on this post. I will likely be coming again to your weblog for more soon.
Reply Home Improvement New Jersey
12:00 PM on September 10, 2013 
Very nice blog on this website. It is really difficult to get this kind of with useful information. I am relieved I came upon this site. I will eagerly look forward to your upcoming updates.
Reply Safety film
9:32 AM on September 11, 2013 
Hello I am so delighted I found your blog, I really found you by mistake, while I was looking on Yahoo for something else, anyways I am here now and would just like to say thanks for a tremendous post. Please do keep up the great work.
Reply replica soccer jerseys wholesale
6:22 AM on September 14, 2013 
Start with a simple training exercise like passing, or a pass and move drill with minimal physical contact. Depending on how long the player has been out, their game will have probably lost a step
Reply real estate sales training
11:02 AM on September 16, 2013 
The details that you have shared with us on the bankruptcy is prime and with huge details on this subject. The counseling classes concept and the details were the highest interest details for me.
Reply solar films for car
11:06 AM on September 17, 2013 
Hello I am so delighted I found your blog, I really found you by mistake, while I was looking on Yahoo for something else, anyways I am here now and would just like to say thanks for a tremendous post. Please do keep up the great work.
Reply Guttfeelings
4:10 PM on September 17, 2013 
Not any thing can trounce this, really inspiring and very much convincing mail! Thanks for distributing this commendable content. Great sharing...
Reply éléments de façade
6:12 PM on September 18, 2013 
I am certain that the informative you distributed through your posted remarks is cooperative for persons. I am leveraged with the way of creating. thank you
Reply Run off insurance
9:34 AM on September 20, 2013 
I am not sure from where you’re getting your information, but really good topic chosen by you. I need to spend some time for learning or understanding more. Thanks for magnificent information that I was looking for for my mission. It is really beneficial and rewarding for me to come across such a website that is full of relevant information that I needed.
Reply Sexy Lingerie
9:58 AM on September 25, 2013 
I love this platform, thank you for sharing.