How long after creditors meeting to finalize?
Date: Tue, 06/23/2009 - 07:28
How long does it usually take after the creditors meeting to finalize the Chapter 7 bankruptcy? We had an issue with our remainder interest on my parents home which they still live in. The attorney is playing a wait and see game to see if the trustee is going to request us to sell that remainder interest. She doesn't think the trustee will since it will be nearly impossible to sell it in today's market. So, if the trustee decides to just finalize the bankruptcy, how long does that usually take? Thanks!
From my understanding (which is limited) the whole process from
From my understanding (which is limited) the whole process from day 1 to discharge is anywhere between 3 - 6 months. I believe the discharge can occur anywhere from 2 - 5 months after the creditors meeting -- I haven't been this far in my bankruptcy yet so this is just from info I have read elsewhere :)
Thank you! That does help some. I just feel like we have this
Thank you! That does help some. I just feel like we have this issue hanging over our head. That is the only sticking point. Hopefully it will work out.