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Reply #171: Under the current code, a chapter 7 should take about 90 days
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Odious justice
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Sun Jul-27-08 03:58 PM
Response to Reply #169 |
171. Under the current code, a chapter 7 should take about 90 days |
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from the day you file. You can surrender any secured debts in full satisfaction of the debt under a chapter 7. When your case is filed the court schedules a 341 exam (creditors exam). After this hearing you receive a discharge in about sixty days. The only way this would take significantly longer would be if there was an adversarial proceeding against you-meaning the trustee is disputing the validity of your claims(income, assets) or if you were accused of fraud.
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