How Long Does It Take To File Bankruptcy Chapter 13

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How Long Does It Take To File Bankruptcy Chapter 13. The court sends you and your creditors a notice of chapter 13 case, which usually contains: Although filing a chapter 13 case might not help your credit score directly, it can get you on the financial recovery road more quickly than if you file for chapter 7 bankruptcy.

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At the meeting, the trustee will ask questions to verify the information you presented in your petition. Similar to chapter 7, a meeting of the creditors must be held within 60 days of filing for chapter 13 bankruptcy. In general, negative information like late payments, charge offs, and judgments, can stay on your credit report for up to seven years.

General information about chapter 13 bankruptcy;

The date of the meeting of creditors; Start making payments to your chapter 13 trustee according to the plan you filed with the court. Here’s an easy way to determine the length of your plan: Within a few days after you file the bankruptcy petition.