How Long Does The Bankruptcy Process Take To Complete?
A Chapter 7 bankruptcy proceeding takes approximately five months, assuming no complications such as the bankruptcy trustee administering assets, creditors challenging the dischargeability of debts pursuant to 523(a), the United States Trustee moving to dismiss the case based on substantial abuse pursuant to Section 707(b), or the Chapter 7 Trustee or a creditor seeking to deny the debtor’s discharge pursuant to 727. A Chapter 13 bankruptcy proceeding can be expected to take approximately six months longer than the period of time over which payments are to be made. For example, if the plan is a thirty-six month plan, the case will likely be open for approximately forty-two months.
