Chapter 7 bankruptcies will usually take about 4-6 months to complete.  Chapter 7 bankruptcy is the quicker and simpler bankruptcy option for individuals.  If you need help with filing bankruptcy, reach out to our Jackson, MS bankruptcy lawyer T.C. Rollins. Attorney Rollins has helped thousands of people eliminate debt with chapter 7 bankruptcy.  

A Chapter 7 case is started by filing a petition with the bankruptcy court. The petition is a fairly simple form and mainly consists of the basic information of the debtor such as name, address, and a few other simple questions. There are many other documents that must also be filed in the case, but a petition is the first document filed and is the document that triggers the opening of a bankruptcy case.

Once the petition has been filed, a trustee will be appointed and they will schedule a meeting of creditors. The meeting of creditors will usually be scheduled 3-8 weeks after the case is filed. A 60-day waiting period is started on the first date the meeting of creditors is set for.  If the meeting is rescheduled, the waiting period will not reset unless ordered by the Bankruptcy Court.  The 60-day waiting period gives the trustee and creditors time to review your case and file any objections that they have. In Mississippi, no objections are filed in most individual bankruptcy cases.  

After the 60 days pass without objection then the case will be eligible for discharge. The judge will review the filing and issue a discharge sometime after that date. If an objection or adversary proceeding is filled it could result in your discharge being delays or denied. The typical chapter 7 case lasts between 4-6 months in Mississippi. If you have any questions about filing Chapter 7 bankruptcy in Mississippi or if you are considering a Chapter 13 bankruptcy, contact our Jackson bankruptcy attorney right away.

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