How long does it take to file bankruptcy in california with different angle
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You can count on a typical chapter 7 bankruptcy case taking four to six months from the time you file to the time you get your discharge. In chapter 13 it’s three to five years. For those who would like the option to keep as many assets as possible, and may not fall within the income guidelines for chapter 7, chapter 13 is another option.
What is chapter 13 bankruptcy california?
If you do not file your repayment plan at the time you submit your bankruptcy petition, you must file it no later than 14 days after you filed the initial chapter 13 paperwork. The trustee will match the requested information to your bank statements to ensure they match with your forms. Although chapter 7 is a liquidation bankruptcy, filers are able to keep all their property in more than 90% of all consumer bankruptcy cases in the united states. They will then look at the six months leading up to that june 1st and see where you were living for.
