The Timelines For Bankruptcy Cases
At the Law Office of Paul R. Idlas, in Grayslake, Illinois, I can answer all of your bankruptcy-related questions and provide you with skilled representation throughout the process.
A common question on the minds of people considering filing for bankruptcy is: How long will it take? The answer depends on which bankruptcy chapter you are filing under:
- Chapter 7 bankruptcy generally takes between three and four months. At the conclusion of your bankruptcy case, your debt will be discharged.
- Chapter 13 bankruptcy is a reorganization process in which you make monthly payments on your debt over a three- to five-year period.
Relief From Creditors Is Immediate
While the bankruptcy process may last for months or years, the relief from creditor actions is immediate. As soon as you file, creditors are legally barred from taking actions against you such as foreclosure, repossession and wage garnishment.
If you have concerns about how long bankruptcy will take, it is important to work with an experienced attorney. An error or oversights in your bankruptcy case will likely cause delays. It could even put your debt relief goals in jeopardy. Let me help you.
How To Contact Me
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.