When do I get my discharge from bankruptcy?

When do I get my discharge from bankruptcy?

Whether you file under Chapter 7 and your discharge is entered approximately four months after your case is filed, or you filed under Chapter 13 and your discharge is entered after you complete your payment plan, getting your discharge is what protects you even after your bankruptcy case is closed.

Can a discharge be denied in a Chapter 7 bankruptcy?

The court will deny a discharge in a later chapter 7 case if the debtor received a discharge under chapter 7 or chapter 11 in a case filed within eight years before the second petition is filed.

Can a judgment be discharged through Chapter 13 bankruptcy?

If you have a judgment against you because you breached a contract (failed to pay or perform as required) or committed a negligent (accidental) act that caused personal or property harm, you can usually discharge it through Chapter 13 bankruptcy. However, be aware that Chapter 13 won’t discharge a debt for willful or malicious injury to a person.

Can a Bankruptcy Court revoke a discharge order?

In chapter 11, 12, and 13 cases, if confirmation of a plan or the discharge is obtained through fraud, the court can revoke the order of confirmation or discharge. May the debtor pay a discharged debt after the bankruptcy case has been concluded? A debtor who has received a discharge may voluntarily repay any discharged debt.

Can a debt be discharged in a Chapter 7 bankruptcy?

By: Lance T. Denha, Esq. Oftentimes, when debtors think of a Chapter 7 bankruptcy, some are under the impression that any and all debts at the time of filing for a Chapter 7 Bankruptcy are wiped out. While this is true to a certain extent, some debts indeed remain valid and collectable, just as they would before one filed for bankruptcy.

When does a chapter 13 bankruptcy plan end?

In a Chapter 13 case, the court orders the discharge after plan completion. The discharge releases the debtor from qualifying debt liability. It also prohibits creditors from attempting to collect the discharged debt.

What does it mean that my debts have been discharged?

Getting the discharge is an automatic process assuming you complete all the necessary steps of the process and the court will notify your creditors as soon as it has been entered. It does not mean that your case has been closed and you continue to be obligated to assist the trustee in the administration of your case.

Can a debt be discharged under Chapter 13 bankruptcy?

Under Chapter 13, you can receive discharge for the remainder of unsecured debts after you’ve completed your repayment plan. However, some debts cannot be discharged under Chapter 13 bankruptcy including the following: Child support and alimony. Certain fines, penalties, and restitution resulting from criminal activity.

What are the different types of bankruptcy discharges?

Types of Bankruptcy Discharges Individual debtors can file for Chapter 7 or Chapter 13 bankruptcy protection. The trustee will liquidate your nonexempt assets and divide the proceeds among your creditors in a Chapter 7 bankruptcy. Any debt that remains will be discharged or erased.

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