Is there a deadline for filing for bankruptcy?

Yes, there is a deadline for filing for bankruptcy in Delaware. The Bankruptcy Code specifies that individuals must file for bankruptcy within 180 days of the date in which they last received a financial payment from a debtor. This deadline is enforced by the bankruptcy trustee, who can refuse to accept filings after the 180-day period. In addition to this deadline, Delaware also has other times-sensitive rules that must be followed in order to be eligible for bankruptcy protection. For instance, debtors must file all relevant financial documents with the court before the expiration of the 180-day period. Furthermore, if the debtor has received a wage garnishment, they must file for bankruptcy within 60 days of the date that the garnishment was issued. Finally, those who wish to pursue bankruptcy in Delaware must attend a two-hour credit counseling session with an approved credit counseling agency. This session must take place within 180 days before the debtor files for bankruptcy. Delaware residents who are considering bankruptcy should be aware of these requirements in order to ensure that their filing is completed in a timely manner. Additionally, those who are not able to comply with the Bankruptcy Code’s 180-day deadline should contact a bankruptcy attorney for advice.

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Is there a deadline for filing for bankruptcy?

Is there a deadline for filing for bankruptcy?

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