Franklin Park Bankruptcy Lawyer On What Happens After Court

After the 341 meeting of creditors, the debtor basically waits for the discharge order to arrive.  The discharge states that all the unsecured debts have been eliminated through the bankruptcy case.  So approximately 60 to 90 days after this court date, the client gets a discharge, and as with the bankruptcy court notices, it’s sent by both us and by the bankruptcy court.  Once the client gets this discharge, it lets him know that the case is over and that all of the unsecured creditors have been eliminated through the bankruptcy.  Now this is a great moment for our clients.  They’re done; they can move on with their lives, but it’s important for the clients to keep copies of the discharge paper. 

On occasion, sometimes a year or two after the bankruptcy is over a creditor will still call a client and mention for example, a debt listed on the bankruptcy.   The client in that case, can then send over a copy of the discharged paper showing they completed a bankruptcy and that the debt was discharged.  So that’s important for the client to not turn the discharge paper into confetti but to keep a copy of it in a safe place for the next 10 years.  So if a creditor does call on occasion after the bankruptcy is over, they can send them a copy of the discharge.  So in an essence, that’s pretty much the process of filing, from the initial consultation, to the petition, to the item needed for filing, to the court case, to the PFMIDVD, and finally last, but certainly not least, the discharge.