Generally, bankruptcy proceeds as follows:
| ALL CASES |
|
| Conference with Attorney |
General explanation of bankruptcy |
| Meet with case manager |
Review & sign prepared documents Obtain credit counseling certificate |
| CHAPTER 7 CASES |
CHAPTER 13 CASES |
| PETITION, SCHEDULES & CERTIFICATES FILED WITH THE COURT | |
| Automatic Stay stops collection |
Automatic Stay stops collection |
| 1st payment to Trustee due within 2 weeks | |
| §341 (a) FIRST MEETING with creditors & Trustee (usually 3 weeks after filing case) | |
| Meet with attorney at hearing location |
Meet with attorney at hearing location |
| Bring driver's license & social security card |
Bring driver's license & social security card |
| Trustee will examine documents |
Trustee will examine documents |
| Creditors may appear & ask questions |
Creditors may appear & ask questions |
| US Trustee may appear to review eligibility |
US Trustee may appear to review eligibility |
| Bring proof Trustee has been paid |
|
| AFTER §341 (a) FIRST MEETING | |
| Obtain Financial Management Certificate |
Take Trustee's Finance Management Course |
| Possible Reaffirmation Hearing |
Keep home & car insured |
| Order Granting Discharge | Court Order required if you want to sell property worth a $1,000 or more |
| Notify Court of inheritances within 6 months of discharge |
New loans only with Court permission |
| IRS returns filed by April 15th of each year | |
| Order of Discharge |
|
