The Basics: How a Chapter 7 Case is Completed
Before getting into something, you should know how to get out. Like what it takes to successfully finish a Chapter 7 bankruptcy case.
Before getting into something, you should know how to get out. Like what it takes to successfully finish a Chapter 7 bankruptcy case.
You almost never attend the “confirmation hearing,” it may take only a few minutes, but it’s crucial because there your plan gets airborne.
The “meeting of creditors” is for finding any kinks in your payment plan, and hopefully straightening them out.
In most Chapter 7 “straight bankruptcy” cases the “meeting” is short and straightforward. But you do need to take it seriously.