"How Long Does It Take For A Bankruptcy To Discharge" Discussion

Upsolve Community Member
You might find this article helpful: https://upsolve.org/learn/how-long-does-chapter-7-take/

Upsolve Community Member
Does anyone want to share their personal timeline here as well? 

Upsolve Community Member
If it's a "no asset case" it's normally 60 days! 

Upsolve Community Member
In my case, it was in the early Covad days so everybody was adjusting from face-to-face to Zoom. My 341 was on April 20 (Zoom), and my Discharge June 1, 2020. So 60 days for me which for that very uncertain time, was pretty impressive! :-) 

Upsolve Community Member
My 341 was in early September and I was discharged in late November

Upsolve Community Member
There's several steps to a bankruptcy filing- once you file, the court will work with you to administer the case, and ultimately, if successful, you'll receive a bankruptcy discharge in about 4-6 months 

Upsolve Community Member
Hi Jason, this article has more details about the bankruptcy timeline https://upsolve.org/learn/chapter-7-bankruptcy-timeline/. Also, just a reminder that when you file bankruptcy, an https://upsolve.org/learn/the-automatic-stay/ goes into place to stop collection activity. 

Upsolve Community Member
Hi Dottie,  A Chapter 7 bankruptcy typically takes about 4 - 6 months to complete after filing. Here is an Upsolve article to give you some guidance: https://upsolve.org/learn/how-long-does-chapter-7-take/

Upsolve Community Member
The deadline for creditors to object happens 60 days after the 341 Meeting! Once the deadline to object to the discharge has passed, the court will enter the discharge order.  

Upsolve Community Member
Let us know if you have any questions about this! 

Upsolve Community Member
do I receive my discharge quickly? 

Upsolve Community Member
https://upsolve.org/learn/how-long-does-chapter-7-take/

Upsolve Community Member
Great question! The process generally takes a few months to complete after filing the case with the courts. Normally, Upsolve recommends that users try to finish the questionnaire within about a week, so that they can move onto the next stage of the process and their information stays current! 

Upsolve Community Member
The article linked above has a helpful timeline- definitely take a look if you're curious how long each step of the process usually takes. 

Upsolve Community Member
A Chapter 7 bankruptcy doesn't involve a payment plan and the discharge is typically entered about 4 months after filing. In a Chapter 13, you have a 3 - 5 year repayment plan to complete before the discharge is granted. 

Upsolve Community Member
Check out these two articles for more!

Upsolve Community Member
https://upsolve.org/learn/how-long-does-chapter-7-take/

Upsolve Community Member
https://upsolve.org/learn/how-long-does-chapter-13-bankruptcy-take/

Upsolve Community Member
If you're asking about Chapter 7 v. Chapter 13 bankruptcy, check out this https://www.youtube.com/watch?v=hrQS1MqXnDw.