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Chapter 13's last from 3 to 5 years, during which time the debtor makes payments on his or her Chapter 13 Plan (see 11 U.S.C. 1322(d)). Once the Plan is paid in full, the Court will normally issue the Discharge "[a]s soon as practicable after completion by the debtor of all payments under the plan...." (11 U.S.C. 1328(a)). Normally debtors receive their Discharge 30 to 60 days after the Plan is paid off. In some cases a Chapter 13 discharge can be issued prior to the Plan being completed pursuant to 11 U.S.C. 1328(b) if something happened that kept the debtor from being able to finish the Plan and other criteria are met, but this is rare. Please note that nothing in this posting or in any other posting constitutes legal advice; this is simply my understanding of the facts, which I do not warrant, and I am not suggesting any course of action or inaction to any person.
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Can the court take money from a savings account that was openeded after the discharge of a chapter 7 bankruptcy?
No, Once you have a discharge its like starting over. dicharge mean its done. No other actions will take place.
If your are waiting for a discharge of a chapter 7 can the court take your Governments stimilus package money that is coming?
Yes, just as they can take money from a tax return during the year you filed for bankruptcy.
How long does it take after a bankruptcy is discharged to show on your credit report?
The amount of time a bankruptcy stays on your credit report after discharge differs between Chapter 7 and Chapter 13 Bankruptcy. With Chapter 7 bankruptcy, the Chapter 7 stays on your credit report for 10 years. Chapter 13 bankruptcy, after discharge, it shows for 7 years on your credit report.
How long does chapter 7 take to discharge?
Hello, I from education can not give you a direct answer, but from experience a discharge can take up to 3 months after the inital court date. All paperwork will be filed, and any funds from the trustee will be distributed within this timeframe. Im not a legal advisor, so this information may vary from state to state. The information listed above was done in the state of Ohio.
Will the trustee for chapter 13 take my bonus from work?
No, but there can be a request for turnover, meaning, if you submit that check stub showing the bonus, and it was not filed as exempt, you could be required to pay that to the court for eligibility of discharge.
How long does a bankruptcy take to discharge in Idaho?
The time-frame for a Chapter 7 bankruptcy case in Idaho is the same as all other states. The discharge should arrive between three and four months after filing. This assumes that no creditor nor the Trustee has filed an objection to such discharge.
How long do it take for pid discharge to clear?
It will take, on average, about 2 weeks for the discharge to clear after treatment.
How long does it take to receive bankruptcy discharge papers?
It depends on your case; ask your attorney. For non-asset Chapter 7 cases, I understand it usually takes 6 months. For Chapter 13, you have to complete the plan (up to 5 years) before you can get a discharge.
Chapter 7 discharged bankrupcya cousin is now trying to take you to court for money that you borrowed a year before you filed for bankruptcy are you protected under the bankruptcy?
If you included it in your bankruptcy, you're protected by the discharge. If you didn't and you're already discharged from Chapter 7, you may not be protected. I suggest you discuss this with your bankruptcy lawyer.
How long after discharge does it take for the bankruptcy case to close?
when you get a letter telling you, your bankruptcy case is close it close at that time.
How long does it take to get your discharge papers after paying your chapter 13 off?
AnswerChapter 13's last from 3 to 5 years, during which time the debtor makes payments on his or her Chapter 13 Plan (see 11 U.S.C. 1322(d)). Once the Plan is paid in full, the Court will normally issue the Discharge "[a]s soon as practicable after completion by the debtor of all payments under the plan...." (11 U.S.C. 1328(a)). Normally debtors receive their Discharge 30 to 60 days after the Plan is paid off. In some cases a Chapter 13 discharge can be issued prior to the Plan being completed pursuant to 11 U.S.C. 1328(b) if something happened that kept the debtor from being able to finish the Plan and other criteria are met, but this is rare.
How long does it take to file chapter 7 in Colorado?
Once you've completed the needed forms, which vary person to person and the persons record keeping, it just depends on how long the line at the Courthouse is.
