When Is My Chapter 7 Bankruptcy Actually Over?

A chapter 7 bankruptcy case does not necessary close immediately after the Bankruptcy Court issues your discharge of debt. A Chapter 7 Trustee’s efforts to liquidate some of your assets and any lawsuit or other adversary proceedings by creditors or other parties can result in your case staying open for months or even years after your discharge is issued.

To read more about this topic, click here to read our full article regarding Chapter 7 bankruptcy case closure timing on the new Michigan Bankruptcy Blog of The Hilla Law Firm, PLLC.

If you are a southeast Michigan resident and are considering filing for bankruptcy, please contact us at (866) 674-2317 or john@hillalaw.com to schedule a free, initial consultation.

8 responses to “When Is My Chapter 7 Bankruptcy Actually Over?

  1. Pingback: When Is My Chapter 7 Bankruptcy Actually Over? | Houston's Bankruptcy Lawyers

  2. Bankruptcy cases can last for a long time, even years, as this post aptly points out. Debtors may not expect this when they file. Bankruptcy law effects should be understood before filing.

  3. Pingback: Can I Discharge Marital Debt in Bankruptcy? | Michigan Bankruptcy Lawyer

  4. Pingback: Is My Chapter 7 Bankruptcy Case Really Over (Part II)? | Michigan Bankruptcy Lawyer

  5. Excellent post, one of the few articles I’ve read today that said something unique! One new subscriber here. 🙂

  6. This is a fantastic resource for people considering bankruptcy and don’t know what the aftermath is going to be like. Well-written.

  7. Thank you for the information. This describes my situation. Unfortunately, my attorney is fairly new and this problem was just one of many unforseen complications with my Ch7 BK.

    My attorney has told me that life is still on hold until closed. My father wants to add me to his bank account in case something happens to him. Since my financial trouble started, my mother bought a car for me to drive (never in my name). Now she wants to give it to me so I can pay my own insurance. In both cases my attorney told me that’s a bad idea.. Is he right?

  8. Pingback: What Is Chapter 13 Bankruptcy? | Michigan Bankruptcy Lawyer

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