How long does it take to file for bankruptcy?

In Oklahoma, it typically takes about four to six months to complete the entire process of filing for bankruptcy. The specific time frame will depend on the type of bankruptcy you are filing for and your specific financial situation. The first step in filing for bankruptcy is to consult a qualified bankruptcy attorney to evaluate your case and help you decide which type of bankruptcy is right for you. Your lawyer will fill out a petition and can help you understand your legal rights and obligations. The next step is to complete a Credit Counseling Course. This course is required by law and must be completed within the first 180 days of filing. After you complete the course, you must submit your Certificate of Completion to the Court. Once these steps are completed, you must file the petition, schedules, and statement of financial affairs with the clerk of the Bankruptcy Court in Oklahoma. Depending on the type of bankruptcy you are filing for, you may also have to attend a meeting of creditors in which you may be questioned by creditors or their lawyers. Once all the paperwork is filed and the meetings are completed, the Bankruptcy Court will enter an order of discharge. This means your debts have been eliminated and you are no longer responsible for them. The entire process of filing for bankruptcy can take four to six months, depending on the type of bankruptcy and your financial situation. Working with the right professional can help speed up the process.

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