Is there a deadline for filing for bankruptcy?

Yes, there is a deadline for filing for bankruptcy in Texas. In general, a person may file for bankruptcy under any of the three bankruptcy chapters, Chapter 7, Chapter 11, or Chapter 13. However, if the individual wishes to do so in the state of Texas, the individual must file the bankruptcy petition with the U.S. Bankruptcy Court, located in the judicial district in which the debtor has the domicile or residence. Furthermore, the individual must file their petition before the expiration of the applicable deadline, which varies between the different forms of bankruptcy. For instance, in a Chapter 7 bankruptcy, the individual must file their petition before the expiration of 30 to 45 days from the date the debtor filed the bankruptcy credit counseling certificate. In a Chapter 11 bankruptcy, the individual must file the petition before 90 days from the date the debtor filed the bankruptcy credit counseling certificate, and in a Chapter 13 bankruptcy, the individual must file the petition before 180 days from the date the debtor filed the bankruptcy credit counseling certificate. Thus, it is important to understand the different deadlines associated with the different forms of bankruptcy in order to properly file for bankruptcy in Texas.

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