How Long Does Filing a Chapter 7 or 13 Bankruptcy Take?

Time is of the essence when you are looking to file for bankruptcy. Not only are you being harassed by creditors, but you also are ready to get your finances back on track and return to a more normal life. If you are considering filing for bankruptcy, you are probably wondering how long the process will take. There are different timelines involved depending on what type of bankruptcy you are eligible to file.

Timelines for Filing for Bankruptcy

Two of the most common types of bankruptcy to file are Chapter 7 and Chapter 13 bankruptcy. Depending on the type you are eligible to file, your timeline for completion will vary.

The following are general estimates for how long filing will take:

• Chapter 7: A typical Chapter 7 bankruptcy case can be completed and discharged within 3-6 months of filing. Your attorney can help you determine what factors may affect this timeline.

• Chapter 13: A typical Chapter 13 bankruptcy case has you follow a debt repayment plan. This plan can last anywhere from three to five years, depending on the unique factors of your case.

It’s important to take full advantage of the protections that are offered to you through bankruptcy. With the help of an experienced bankruptcy team, you can return to a more normal lifestyle.

Here for You. Reach Out to Albaugh Law Firm Today!

Are creditors making your life nothing short of miserable? A peaceful solution may be reached through filing for bankruptcy. Don’t let the potential timelines dissuade you from your goals of financial security. Let our skilled and experienced St. Augustine bankruptcy attorney team put our resources towards your case! Get in touch with us as soon as possible to get started on your case.

For trusted legal guidance, contact our firm today!