Chapter 7 Timeline
When it comes to getting help with a Chapter 7 bankruptcy proceeding, you’ll want Macomb County Bankruptcy Attorney, Daniela Dimovski. Once she’s determined that you qualify for Chapter 7, Daniela will give you a list of documents to provide her with in order to get your case prepared. You will then verify the information and sign your papers. She will file the papers with the Federal Bankruptcy Court. You will then receive a Chapter 7 bankruptcy case number. You will also be assigned a Judge and chapter 7 bankruptcy Trustee. Once you have a case number, you are officially protected from lawsuits, creditor calls, repossessions, etc.
Chapter 7 Bankruptcy Timelines
The Trustee is the person appointed by the Court to look over your case. He or she is required to investigate your case. They make sure you have been truthful and accurate regarding the information you have disclosed to the Court. In Chapter 7 Bankruptcy, the Trustee is mainly looking for assets or property you cannot protect. You have a duty to cooperate with their entire investigation. If there are any outstanding issues that need to be resolved, then your case may go in front of a judge. This is rare in a Chapter 7 bankruptcy, but always a possibility.
Our office and the Court will send you a notice with a court date, which is typically about 30 to 40 days after you file your case. That court date is MANDATORY. It is called a 341 meeting of creditors. It is held via phone or zoom. At that hearing, the Trustee or any of your creditors can ask you questions about the information you provided in your case and your financial affairs. Daniela will appear at this hearing with you. After the 341 meetings, it generally takes 60 to 75 days for the Court to issue a discharge- the official Court order that wipes out your debts.