How long does the bankruptcy process take?

The length of time it takes to complete a bankruptcy filing in Massachusetts varies depending on the type of bankruptcy filed. For most individuals, filing a Chapter 7 bankruptcy may take 4-6 months to complete. During this period, the court will review the filing paperwork, determine if a discharge of debt is appropriate, and process the repayment plan. If a Chapter 13 bankruptcy is filed, the process may take longer than Chapter 7. Chapter 13 bankruptcy cases typically take 3-5 years to complete, as the debtor must make regular payments to creditors according to their repayment plan. This plan is proposed to the court and must be approved before it can be implemented. Additionally, debtors must attend credit counseling before their case is approved and go through a means test to ensure they meet the income and debt requirements for a Chapter 13 filing. Overall, the bankruptcy process can be a lengthy and complex one. It is important to seek the advice of a qualified bankruptcy attorney in Massachusetts who can help you navigate the process and ensure your rights are protected.

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How long does the bankruptcy process take?

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