How Long Does A Chapter 7 Bankruptcy Take?

Chapter 7 bankruptcy is the most common type of bankruptcy in the United States. It allows individuals and businesses to discharge their debts and get a fresh start. The process usually takes about four to six months from start to finish. If you are considering filing for Chapter 7 bankruptcy, it is important to understand how the process works and how long it will take. This article will provide an overview of the Chapter 7 bankruptcy process and timeline. Filing for Chapter 7 bankruptcy is a relatively simple and straightforward process. The first step is to file a petition with the bankruptcy court in your jurisdiction. Once the petition is filed, all collection activity against you must stop. The next step is to attend a meeting of creditors, which is held about 30 days after your petition is filed.