How long does the bankruptcy process take?
The length of the bankruptcy process in Washington varies depending on the type of bankruptcy. Generally, the process takes between three to six months. For a Chapter 7 bankruptcy, which is a liquidation bankruptcy that eliminates most unsecured debt, the process typically takes about three to four months. The process begins with the filing of the bankruptcy petition and ends with the closure of the bankruptcy case. During this process, the appointed trustee will review the paperwork and conduct a meeting with the debtor to discuss the bankruptcy filing. In addition, the debtor must attend a hearing to review the debtor’s assets and eligibility. For Chapter 13 bankruptcy, which is a reorganization bankruptcy, the process usually takes about three to five months. This process begins with filing the bankruptcy petition and ends with the reorganization of the debt. During this process, the debtor will meet with the trustee to review the debtor’s assets, income, and liabilities. The court will then make a decision on how to best reorganize the debt. The length of the bankruptcy process in Washington also depends on the court’s workload. In some cases, the process may take longer or shorter depending on the court’s schedule. If a debtor wishes to speed up the process, they may wish to hire a lawyer to help manage paperwork and deadlines.
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