Is there a deadline for filing for bankruptcy?

Yes, there is a deadline for filing for bankruptcy in Massachusetts. The deadline is 180 days from when the debtor first receives notice of the bankruptcy action. However, if more than 180 days have passed since the debtor received the notice, then the debtor may still file the bankruptcy petition within one year of when the creditor first filed the bankruptcy action. The creditor must serve written notice of the filing to the debtor within 10 days of the filing. When a debtor files for bankruptcy in Massachusetts, it is important to remember that there are certain restrictions in place for filing. First, the debtor must complete an approved credit counseling course. The debtor must also present evidence that they are eligible to file. And lastly, the debtor must submit to a financial management course. It is important to note that filing for bankruptcy is not a “quick fix” and should only be used as a last resort when all other options have been exhausted. Bankruptcy can have a serious impact on a debtor’s financial and personal life. Consulting a knowledgeable attorney can help a debtor to understand their rights and obligations and help them to explore different options to best suit their unique situation.

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Is there a deadline for filing for bankruptcy?

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