How Long Does It Take To Complete a Chapter 7 Bankruptcy?

Most Chapter 7 cases are completed three months from the time the bankruptcy petition is initially filed. In a typical case, the "341 meeting" (also known as the "Meeting of the Creditors") is scheduled about 30 days from the filing date. After the 341 meeting is held, creditors are allowed 60 days to file an objection to the discharge. If no objection is filed within this period of time, the debtor is granted the discharge.
Categories: