How Long Does It Take For A Bankruptcy To Discharge?

File for Bankruptcy How Long Does It Take For A Bankruptcy To Discharge?

How Long Does It Take For A Bankruptcy To Discharge?

Once a borrower has decided to file for bankruptcy, they anxiously want to know, "How long does it take for a bankruptcy to discharge?" Again, filing for bankruptcy might be the last recourse for some borrowers while others easily file and simply wait for the metrics on how long a bankruptcy takes to discharge. The key to successfully filing for bankruptcy and waiting through the duration of the process through the courts is often a nonjudgmental and impartial service, such as DoNotPay.

As part of DoNotPay's product package about filing for bankruptcy, it attempts to address borrowers' financial needs and direct them to the corresponding procedures, which typically involve Chapter 7 or Chapter 13 Bankruptcies. Many borrowers simply need extended credit counseling, such as information about what happens when they file for bankruptcy, the impact on their credit report, and other downsides. However, they also may need practical and actionable information regarding debt verification letters, 609 letters, how much it costs, and the types of bankruptcy. DoNotPay can solve as a mediator and help protect the financial and mental health of borrowers.

How Long Does It Take To File for Bankruptcy? 

It can take time to file for bankruptcy and that depends not only on which Chapter a borrower declares, but how long it takes for various networks, businesses, and individuals to compile the requisite documents. Typically, a debtor must provide proof of their income, assets, and outstanding debts as they file for bankruptcy within the court system. Additionally, the resolution for bankruptcy can range from four months to five years, depending on which Chapter a person files for when declaring bankruptcy.

How long it takes to file can depend upon:

  • How long it takes a person to compile the proof of debts, income, assets, and other necessary paperwork to submit a case.
  • How long it takes to find an attorney sympathetic to their case or located within their region.
  • How long it takes a corporation to acknowledge and verify the debts of a debtor.
  • How long it takes to figure out which Chapter to file for, what property is or isn't included, and which choices as preferable to the individual.
  • The availability, access, and resources a debtor can access.
  • Whether a debtor can afford a filing fee, the cost of printing documents, whether an attorney can work with them, and if they can arrange payment with said attorney in a settlement.

Can I Find Out How Long for a Chapter 7 Discharge on My Own? How Long Does It Take for Bankruptcy To Be Discharged? 

Typically, once individuals file for bankruptcy, they will find out information about their case in the form of typical paperwork in the mail from a City Clerk, County Clerk, or the office responsible for holding the court proceedings.

Here is some general information:

  1. The time in which Chapter 7 charges will take to dismiss is typically 4-6 months.
  2. It may take longer for the case to register and be held if open court proceedings are required.
  3. Most bankruptcy cases require no witnesses besides judges, attorneys, and the concerned parties.
  4. The Coronavirus may lengthen the time to resolve a case since bankruptcy is often being filed as lesser in priority to criminal cases in court dockets.
  5. When filing by mail or online, the time might still remain the same.
  6. The discharge time will depend upon the attorney, borrower, judge, and all involved to submit the required paperwork.

Figuring Out How Long Before Chapter 7 Is Discharged With the Help Of DoNotPay

Filing for Chapter 7 and figuring out how long it takes for bankruptcy to discharge is a stress-filled and unpleasant experience for an individual already in debt. With DoNotPay, we attempt to bypass the traditional barriers to filing, social judgment, and hardships that a person already capable of passing a mean's test experiences. Unfortunately, not everyone has the strength to file for bankruptcy after enduring whatever hardships put them in the pitfall of bankruptcy. Consequently, our teams of lawyers hope to radically ease this process and help more individuals file for financial freedom.

How to file for bankruptcy using DoNotPay:

If you want to delete old accounts but don't know where to start, DoNotPay has you covered in 5 easy steps:

  1. Search for File for Bankruptcy on DoNotPay.

     

  2. Put together a list of your debts, expenses, and assets. If you need help accessing information like your credit report, DoNotPay can help you get your report.

     

  3. Let DoNotPay walk you through your bankruptcy options and help you determine whether a Chapter 7, Chapter 12, or Chapter 13 bankruptcy is right for you.

     

  4. DoNotPay will then help find the best credit counseling course near you, which you need to complete before filing your bankruptcy forms.

     

  5. Lastly, DoNotPay will gather all of the forms you need (including available fee waivers) and help you locate your nearest bankruptcy court. All you have to do is complete the required forms, prepare your filing fee, and file the application with your local court.

     

And that's it. Once done, the court will give you:

  • Your bankruptcy case number.
  • Additional paperwork and resources.
  • Guidance throughout the filing process when there otherwise is none.
  • The name of your bankruptcy trustee and contact information.
  • The date, time, and location of your meeting with your trustee.
  • A more compassionate system to file for bankruptcy.

At this point, your case has been filed! Congrats! The automatic stay now protects you from all debt collectors. Your trustee will then contact you for further financial documents you will need to provide. Make sure to attend your meeting as well as complete the post-filing bankruptcy debtors course.

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