Bensenville Bankruptcy Lawyer Describes The Steps To A Successful Ca...

10/25/11

The main steps in a bankruptcy really are distilled into a few.  First is meeting with the attorney, helping him prepare the schedules, making sure they’re accurate, complete and honest; then taking their counseling course.  After those two things are done, then the debtor files these schedules through his attorney with the court.  After that the debtor has a meeting of creditors.  It’s usually 30 to 45 days after the filing date.  After the case is filed, the debtor also has to take the debtor education course, which he must complete 45 days – within 45 days after the meeting of creditors.  After the meeting of creditors concludes, there’s a 60-day period called the deadline to determine chargeability, sort of a mini statute of limitations.  Creditors have the right to file suit contesting either the dischargeability of their debt or the debtor’s overall discharge.  Once the 60-day period has expired, the debtor will receive a discharge order via mail.     

 

 

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