During your bankruptcy case there are going to be moving parts. There will be at least one hearing you have to attend (typically only one), your date for discharge, and more.
What Happens During a Chapter 7 Bankruptcy in Minnesota?
If you are filing a chapter 7, a typical case will have one 341 hearing with the trustee, trustee follow up (if there is any), then your discharge date. This whole process takes about 90 days from the date of filing. The 341 hearing is usually four weeks after filing, then the discharge date 60 days after that.
If your chapter 7 bankruptcy has a little bit more going on, you may have more than one 341 hearing. You also may have deadlines from the trustee to gather information.
What Happens During a Chapter 13 Bankruptcy in Minnesota?
If you are filing a chapter 13, a typical case will have one 341 hearing with the trustee, at least one confirmation hearing after the 341 hearing, continual chapter 13 plan payments, then at the end you will have your discharge ordered. Chapter 13 cases last three to five years. During the three to five years you will likely have other confirmation hearings, if you modify your bankruptcy plan. Each time you file a modification there has to be another confirmation hearing.
What Happens During Both Chapter 7 and Chapter 13 Bankruptcy in MN?
During both chapter 7 and chapter 13 cases you have certain items that you will be asked to do. For instance, if you inherit anything, win anything from a lawsuit, or come into a windfall of funds in the 180 days after your filing date or throughout your chapter 13, you will have to disclose this to your attorney who will disclose it to the trustee.
CALL NOW FOR A FREE STRATEGY SESSION FROM A MN BANKRUPTCY LAWYER AT LIFEBACK LAW FIRM
Bankruptcy has a few moving parts before you receive your bankruptcy discharge, we can help you navigate through these. Visit www.lifebacklaw.com to speak with an attorney today.
