How long does it take for the bankruptcy filing to be finalized?

The length of time it takes to finalize a Chapter 7 bankruptcy filing in Virginia depends on a few different factors. Typically, the process takes between three and six months. The first step to filing for bankruptcy is to complete a pre-filing credit counseling course. This course must be completed within 180 days of filing. Once this is complete, the actual filing process can begin. During this period, clients are required to provide the court with documentation, such as financial records, tax statements, and proof of income. Once everything has been filed, a judge will review the documents and decide if the case should be approved. This can take anywhere from a few weeks up to a few months. Once approval has been granted, the bankruptcy court will mail a “Notice of Discharge” to the debtor. This document officially marks the completion of the bankruptcy process. The total amount of time that it takes to finalize a Chapter 7 bankruptcy filing in Virginia will depend on when the pre-filing credit counseling course is completed, as well as how quickly the court is able to review the documents and grant approval. Generally, the process takes around three to six months.

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How long does it take for the bankruptcy filing to be finalized?

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