The two primary types of consumer bankruptcy filings are known as Chapter 7 and Chapter 13.
While they approach bankruptcy from different angles, and have different eligibility requirements, the timelines for completion of the bankruptcy are very different.
If you file under Chapter 7, it’s possible that you can be through the bankruptcy process and on the other side of your debt obligations within 3-6 months.
But there are requirements that can limit your access to a Chapter 7 filing.
For instance, if you’ve discharged debt under Chapter 7 before, you’ll be disqualified from another filing for eight years.
There are plenty of other hazards to navigate on your way to a successful Chapter 7 bankruptcy.
The attorneys at Zelenitz, Shapiro & D’Agostino can help you start over debt free.
Call us today at 718-599-1111 for a free consultation.