bankruptcy timeline tampa fl

Staying in Compliance with Federal Bankruptcy Code

If you are considering filing for bankruptcy, there are various requirements that must be met. Failure to adhere to these requirements could result in ineligibility for bankruptcy, or it could cause unnecessary hindrances in the filing process. To better facilitate your bankruptcy filing, you should work with a skilled Tampa bankruptcy attorney.

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Important Bankruptcy Deadlines to Remember

The Bankruptcy Code is a set of federal laws that governs all bankruptcy cases. The Bankruptcy Code and the various local rules for each judicial district will establish the procedures for dealing with the bankruptcy process.

The Bankruptcy Code outlines the following timeline for Chapter 7 bankruptcy cases:

  • Within 180 days prior filing: You must complete all necessary / mandatory credit counseling courses required by the bankruptcy courts within this time period. Furthermore, if you have filed for bankruptcy, you must not have been denied for a previous filing within the past 180 days due to failure to obey court orders.
  • 90 days prior to filing: You must be a resident of the state for at least 90 days before filing for bankruptcy.
  • Day of filing: Receive a case number upon filing a petition for bankruptcy and submit all necessary documents to the bankruptcy court and your bankruptcy trustee.
  • 14 days after your filing: All of your paperwork should be submitted within 14 days after your filing. The courts will then mail you a Notice of Commencement of Case to inform you of later mandatory court appearances or meetings.
  • 30 days after your filing: If you intend to keep any property, you must file a Statement of Intention to the court.
  • Up to 45 Days after your filing: You must attend a meeting of creditors, which may be anywhere from 21 days to 60 days from the time you file your bankruptcy petition. Here, all of your financial information will be reviewed, and you may be required to answer questions about your finances. If you do not attend, your case will be dismissed.
  • As soon as 90 days after Your filing: If your case is approved, the court will send a written notification of your debt discharge, officially announcing that you are relieved of your debts. This usually occurs in about three to four months after the filing of the petition.

There are important elements to remember for every type of bankruptcy. Whether you are considering filing for Chapter 7, Chapter 11, or Chapter 13, you must consult a skilled legal professional. Only with qualified legal counsel will you be able to successfully navigate this difficult area of law.

Work With a Qualified Tampa Bankruptcy Attorney

I am a Tampa Bay bankruptcy lawyer who has been helping individuals, consumers, and businesses through the complex process of bankruptcy for more than 12 years. I know that many of my clients come to me at a time when they may feel absolutely helpless. Exercising only the highest standards of ethics and professionalism, I take great care in directing my clients to long-term financial solutions.

I am not in the business of quick-fixes. I am here to make certain that your rights and interests are protected completely. Regardless of the amount of debt you have or the complexity of your case, I am here to see to it that you are given the information you need to regain control of your life.