How long does it take for a Chapter 7 trustee to object?

How long does it take for a Chapter 7 trustee to object?

If nobody showed up from their office to challenge me at your hearing, we expect this deadline to pass by. Your Chapter 7 trustee has 30 days to object to your bankruptcy exemptions.

When do you have to make payments to a chapter 13 trustee?

When you first file your Chapter 13, you propose an initial repayment plan to the trustee, your creditors, and the court. Once your case is filed, you must begin making plan payments to the trustee (your first payment is typically due within 30 days).

What happens after 60 days of bankruptcy trustee hearing?

The creditors’ deadline is 60 days from the date of bankruptcy trustee hearing. We expect those 60 days will pass without anybody doing anything. That’s true of nearly all my clients–and no news is good news. When the 60 days are over, it takes the court about two more weeks to mail out your discharge. The discharge is your final approval.

What happens if the bankruptcy trustee objects to my plan?

But if you can’t work out a solution with the trustee, you must be prepared to argue your position to the judge at the Chapter 13 confirmation hearing (discussed below). After you file for Chapter 13 bankruptcy, the court will schedule a confirmation hearing to determine whether or not your plan should be approved.

Can you file another chapter 13 case after it is dismissed?

Whether you can file another Chapter 13 case immediately after a dismissed Chapter 13 depends on the reason why the Chapter 13 case was dismissed. If this wasn’t your first bankruptcy case in a short period of time, the bankruptcy court could prevent you from filing another Chapter 13 case for a specific period of time.

When does a bankruptcy trustee file a statement of presumed abuse?

The United States Trustee trustee has ten days to file a “statement of presumed abuse. ” That would happen if he disagreed with the way I filled out your budgets–and they think you have too much money left over to be allowed to file Chapter 7. If nobody showed up from their office to challenge me at your hearing, we expect this deadline to pass by.

What does a Chapter 7 bankruptcy trustee look for?

The Chapter 7 trustee looked at your papers to see if there was anything valuable to sell. And the United States Trustee looked to see if you were a bankruptcy abuser–making too much money or dishonest in your bankruptcy papers. If there was a problem with something, we probably would know on the spot.

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