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How long does chapter 7 take to discharge?

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2005-11-16 23:55:29
2005-11-16 23:55:29

Hello, I from education can not give you a direct answer, but from experience a discharge can take up to 3 months after the inital court date. All paperwork will be filed, and any funds from the trustee will be distributed within this timeframe. Im not a legal advisor, so this information may vary from state to state. The information listed above was done in the state of Ohio.

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It is usually 4 to 5 months from filing to Discharge.

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chapter 7 filings 8 years from the time of discharge and the time for filing a chapter 13 after a chapter 7 discharge 4 years.

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The amount of time a bankruptcy stays on your credit report after discharge differs between Chapter 7 and Chapter 13 Bankruptcy. With Chapter 7 bankruptcy, the Chapter 7 stays on your credit report for 10 years. Chapter 13 bankruptcy, after discharge, it shows for 7 years on your credit report.

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After Chapter 7 bankruptcy has been Discharge can buy a home

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In Chapter 7 bankruptcy, you ask the bankruptcy court to discharge most of the debts you owe. In exchange for this discharge, the bankruptcy trustee can take any property you own that is not exempt from collection.

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What is the law for the time limit given for discharge on chapter 7 bankruptcy?

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It depends on your case; ask your attorney. For non-asset Chapter 7 cases, I understand it usually takes 6 months. For Chapter 13, you have to complete the plan (up to 5 years) before you can get a discharge.

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For another Chapter 7... 6 years from the date of filing. The date of discharge does not matter. If you want to file a Chapter 13, you can do that immediately after the 7 discharge.

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A chapter 13 bankruptcy can be filed if it has been at least 4 years from the date of the discharge of a chapter 7. Nonsense. You can file a chapter 13 the day after the 7 is closed. You may not be eligible for a discharge, but the point of doing a "chapter 20" is usually to dump the unsecured debt in the 7 and use the 13 to get caught up on the mortgage, for which no discharge is necessary.

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Eight years after the discharge of a previous chapter 7, four years after the completion of a chapter 13.

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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.

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No, Once you have a discharge its like starting over. dicharge mean its done. No other actions will take place.

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A Chapter 7 can be filed again eight (8) years after the discharge. A Chapter 13, can be filed four (4) years after the discharge of a Chapter 7, 11 or 12; and two (2) years after the discharge of a previous Chapter 13.

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The time-frame for a Chapter 7 bankruptcy case in Idaho is the same as all other states. The discharge should arrive between three and four months after filing. This assumes that no creditor nor the Trustee has filed an objection to such discharge.

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Under the new law taking effect on 10/17/05, you need to wait 8 years after a Chapter 7 discharge before you are eligible for another Chapter 7 discharge.

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NO! To file a chapter 7 again you have to wait at least 8 years from the first chapter 7's discharge date.

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As long as you don't obtain any collections, late pays, etc. after the discharge of the bankruptcy.

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As of October 17, 2005, the new time limit for filing a Chapter 7 is now eight (8) years from the discharge date of a previous "7" filing. The time limit for a Chapter 13 is four (4) years from the discharge date of a previous "7" and two(2) years from the discharge date of a previous "13".

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Yes about every 7 years. * A chapter 7 can be filed 8 years after a previous chapter 7 discharge. A chapter 13 can be filed 4 years after a discharge of a BK 7, 11 or 12 and two years after a discharged 13.

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7 years from discharge (not filing, but actual date of discharge) of a Chapter 7. Don't know about a 13.

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Under current law, you are eligible to receive a Chapter 7 discharge if it has been more than 6 years since your last Chapter 7 discharge. However, new bankruptcy laws taking affect October 17, 2005 create new rules on receiving a discharge: Chapter 7 cannot be filed unless the debtor was discharged from the previous Chapter 7 or Chapter 11 bankruptcy more than eight years ago. Chapter 13 cannot be filed unless: The debtor received a discharge under Chapter 7, 11 or 12 more than four years ago; or the debtor received a discharge under Chapter 13 more than two years ago.


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