When Is Bankruptcy Discharged?

The bankruptcy discharge is often the moment debtors are waiting for when they file for bankruptcy. It’s the moment you’ll be released from all or most of your debts. It stops all calls and actions from creditors who might have been harassing you for months or years.

But when is bankruptcy discharged, and when will your case end? With Rowdy G. Williams Law Firm on your side, you can get the answers you need and help bringing your bankruptcy case to a favorable end. Our attorneys can give you a timeline for your case and what you can expect after your discharge.  

Your Discharge Depends on Your Claim

Your next steps will mainly depend on what type of bankruptcy you’ve filed for. Each chapter has its own timeline, so you can expect some changes depending on what you chose.

For example, one of the quickest options will be Chapter 7 bankruptcy, which liquidates your assets and uses them to wipe away remaining debts. In these cases, you’ll likely receive notice within a few months that your discharge has been completed and you are no longer responsible for the debts covered.

Chapter 13 bankruptcy, however, is a longer-term plan to pay off your debts in three to five years, so you likely won’t see your debts discharged until you’ve completed your payment plan and you’re cleared of your debts. Because these can differ so much, be sure to ask a lawyer about your plan and how long you can expect your case to last.  

Bankruptcy Discharge Isn’t the End

While your discharge might seem like the moment you’re free, it’s not the final action that ends your case. You’ll need to make sure you meet all the court’s requirements, such as the following:

  • Finishing credit counseling courses
  • Completing all required paperwork
  • Receiving the trustee’s final report

After all of this is done, your case should be closed. A lawyer can guide you through the process and make sure you’ve completed every step to get your bankruptcy discharged.

Consult a Terre Haute Bankruptcy Lawyer

Managing your bankruptcy case alone isn’t easy. You’re dealing with angry creditors, the stress of living with debt, and many deadlines and piles of paperwork, and that makes it easy to miss important steps that make getting your bankruptcy discharged that much more difficult.

You may need to contact a lawyer from Rowdy G. Williams Law Firm for help. If you’re not sure when your bankruptcy will be discharged, our lawyers can help you determine how long your case should take.

If you need help dealing with your bankruptcy discharge, reach out to our team. Simply give us a call at 1-812-232-7400 or fill out the online contact form below.