Procedures After Filing for Bankruptcy
Once someone has officially filed Chapter 7 or Chapter 13 bankruptcy, there is a procedure that must be followed to successfully complete the case. Total forgiveness of debts in Chapter 7 or court-supervised debt repayment in Chapter 13 does not happen in the United States until the case is concluded, or discharged.
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341 Meeting
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Attending a 341 hearing, also known as a meeting of creditors, is a required step after filing for bankruptcy. Rarely does any creditor show up to this hearing.
Documentation
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Your bankruptcy trustee, a court-appointed representative who oversees your case, may ask for more documentation of your income or assets. Complying quickly will facilitate your bankruptcy discharge.
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Further Credit Counseling
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Chapter 13 filers must complete a second session of credit counseling before they can receive an officially discharged bankruptcy case and repayment plan.
Discharge Hearing
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You and/or your attorney will have to attend a final bankruptcy hearing, known as a discharge hearing. At this point, the judge will likely approve your case.
Discharge Papers
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You or your attorney (if applicable) will receive case discharge papers in the mail within a month of your final hearing. Retain these, as this proves legal absolution of included debts.
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