If you are struggling under the weight of unmanageable debt, you likely want relief. As you consider your options, such as Chapter 7 bankruptcy, you want to know when the nightmare will end and when you will get the relief you need. While no two cases are the same, you can get an idea of how long it will take to get Chapter 7 bankruptcy relief once you contact a bankruptcy lawyer in Minneapolis. Attorney Barry Rosenzweig will work hard to get you the relief you need as quickly as possible.
The Timing of a Chapter 7 Bankruptcy Case
Once your bankruptcy petition is filed in Minnesota Bankruptcy Court, the process may be over in just a few months. Specifically, you should be prepared for:
- An immediate and automatic stay. This means that your creditors can no longer contact you or try to negotiate settlements outside of the bankruptcy process.
- A Notice of Commencement of Case within a few weeks of the date you file your bankruptcy petition. This will let you and your creditors know the date of your creditor’s meeting and the date by which objections of creditors must be filed.
- A Creditor’s Meeting approximately 21-40 days, but no more than 60 days, after you file your Chapter 7 bankruptcy petition.
- A Chapter 7 Discharge approximately 60- 90 days after your Creditor’s Meeting.
Thus, if everything is filed on time and no extensions are granted, you can typically expect a bankruptcy discharge within a few months of filing for Chapter 7 bankruptcy in Minnesota.
Need a Bankruptcy Lawyer? Minneapolis Debtors Call Today for a Free Consultation
The Chapter 7 bankruptcy process is filled with specific deadlines and filing requirements. In order to protect your rights, it is important to work with an experienced Minneapolis bankruptcy lawyer who will work hard to get you the bankruptcy relief you deserve.
To find out more about filing for bankruptcy in Minnesota, please read our FREE book, What You Need to Know About Filing Bankruptcy in Minnesota, and please call our Minneapolis bankruptcy law firm at MN (952) 920-1001 or AZ (480) 207-2203.