Typical Timeline for Maryland Chapter 7
Many people want to know how long bankruptcy takes from start to finish. Every case is different in its early stages, but once a case is filed, it is normally over in about 90 days. Here’s a pretty average timeline from a recent Chapter 7 case.
Day 1: Client calls our office, schedules a free consultation the following day at one of our Baltimore-area offices.
Day 2: Client and attorney meet, discuss the situation, sign a retainer for Chapter 7 and client makes a payment toward the fee.
Day 9: Client pays the remainder and brings the documents requested at the meeting so attorney can prepare the petition.
Day 10: Client takes credit counseling course online.
Day 16: Attorney and client meet again and client signs the petition. Attorney files the bankruptcy petition with the court later that day. Client is now in bankruptcy.
Day 17: Client takes financial management course online.
Day 46: Client comes to downtown Baltimore courthouse with driver’s license and social security card, meets attorney and appears for meeting of creditors. Meeting lasts 10 minutes.
Day 47: Chapter 7 trustee files no-asset report.
Day 106: Client receives discharge and the case is closed.
It seems like a lot to deal with, but the process is over in about 90 days after the petition is filed. A good attorney will help you deal with the trustee and creditors.