Bankruptcy Timelines

–          Case filed with the court.

–          4 to 5 weeks later, the trustee hearing (also called the meeting of creditors).

–          Second credit counseling due.

–          Discharge date (approximately 60 days after trustee hearing)

(After the Discharge is granted, the case must be administratively closed before you can sell your house or get a loan. Some bankruptcy trustees will leave a case open after Discharge for 2 years to see if they can sell the house for above the allowed equity amount).

–          Case filed with the court.

–          2 weeks later, bankruptcy trustee payments begin.

–          4 to 5 weeks later, the trustee hearing (also known as the meeting of creditors).

–          4 to 5 weeks after that, the confirmation hearing (to approve the Plan).

–          Once the Plan is approved, the Plan runs for 3 to 5 years.

–          At the end of 3 to 5 years:

– Credit counseling certificate due.

– DSO (Domestic Support Order) form due.

– Discharge Granted.