How long does it take to be discharged from chapter 7?

Answer 1

Chapter 7Roughly, it takes 5-6 months after filing of the petition to get a discharge if it is a no-asset case. If there are assets or questions about the value of assets, it may take longer.

More information:

There is no court hearing in a no-asset case, and the discharge in Massachusetts is usually about 6 weeks after the 341 meeting/first meeting of creditors. The federal rule requires no-problem no-asset cases to be closed within 6 months of filing, after the filing of the certificate that the debtor(s) have taken the class in financial management.

A debtor is eligible to receive Discharge 60 days after Meeting of Creditors (also called the "341 hearing"). In most jurisdictions, it is my understanding that the issuance of the Discharge is pretty much automated, so it actually gets issued around 61 days after the hearing, and you get it in the mail around 64 days after the hearing. I know this is the case in Southern Indiana, but I don't know about other jurisdictions. However, there are certain things that can hold up a Discharge, such as if there are complications in the case, or if there is an asset the trustee wants to sell, etc.

I am a bankruptcy attorney in Kentucky. The discharge here gets issued on about the 61st day after your meeting of creditors in Kentucky, so long as there are no issues that arise that would prevent discharge. I believe that other states operate on pretty much the same time frame.

Answer 2

About 4 to 6 months. I think it depends on the courts case load. Any change in circumstance may prolong the action. For instance, an amended petition has to be seen again by the trustee and creditors must be notified a second time regarding that change.

Answer 3

After you go to court and meet with the bankruptcy trustees, it should only take about 60-90 days to discharge all debts. You have to take the pre-discharge debt managemnt class first before any debt is discharged because the bankruptcy laws have changed.

Answer 4

Typically 5 or 6 months from filing date to the discharge date, providing no amendments to the schedules are required. Fraudulent or questionable entries on the schedules can cause the process to be drawn out and the bankruptcy ultimately dismissed however.

Answer 5

Short Answer: Approx 90 days

Detailed Answer: Once you file Chapter 7 Bankruptcy, you will receive a notice to attend a 341 Creditors Meeting which is scheduled approx 30 days after you file. If there has been no issues with your Chapter 7 case and no requests from the Trustee for further documentation you will receive, in approx 60 days after your 341 creditors meeting, a "Notice of Discharge" from the Bankruptcy court.

Answer 6

If you want to buy a house it takes eight years car is three years so im pretty sure it will discharge in eight years

Answer 7

It depends upon the complexity of the individual case, but usually, the period of time from filing until receipt of discharge is 90 to 120 days.

Answer 8

About 4 to 6 months from file date.

Answer 9

3 to 4 months