Bankruptcy Timeline

Important Bankruptcy Dates

The bankruptcy process has timelines for various actions. Some dates will determine your eligibility for Chapter 7 or Chapter 13 bankruptcy and the deadlines for filing certain documents. Attorney Grennier can help you avoid making mistakes that could result in the denial of your petition.

Important timeline information includes when you can file for bankruptcy if you submitted a petition in the past. If you have previously filed for Chapter 7 or Chapter 11 bankruptcy, you will not be able to obtain a discharge in another Chapter 7 again for 8 years. When a person has filed for Chapter 12 or 13 in the past, they can file for bankruptcy a second time under Chapter 7 after 6 years. In order to get a discharge, you must wait 4 years to file for Chapter 13 if you have filed in the past for Chapter 7, Chapter 11 or Chapter 12.

What actions you undertake during the 12 month period prior to your filing can also be critical to the outcome of your petition. If you have attempted to delay, defraud or hinder creditors during the year prior to your filing, your petition may be denied. You will also have trouble with your petition if, during that same time period, you transferred or tried to conceal any property.

Once your petition is filed, a Chapter 7 can be finalized within approximately 4 months, while a Chapter 13 can help reorganize your debt to repay it over a 3 to 5 year period.

If you have financial problems, contact Ventura bankruptcy attorney Michael Grennier to find out about your options. There are many ways to eliminate debts that qualified lawyer Michael Grennier can discuss with you, including bankruptcy options.

#1 in Bankruptcy Filings in Ventura County

Grennier Law is established as #1 in Bankruptcy Filings in Ventura County that can help you solve your debt problems. Attorney Grennier can explain how bankruptcy works, and will discuss bankruptcy alternatives such as debt consolidation, debt settlement and debt negotiation. He has helped thousands of clients achieve a brighter financial future.

Filing for bankruptcy has many benefits, including:

• Stopping home foreclosure
• Preventing repossession
• Eliminating wage garnishment
• Putting an end to harassing calls and letters from creditors

Attorney Grennier will conduct a thorough review of your entire financial situation, and give you the information you need to make an intelligent, informed decision.

Contact Ventura bankruptcy attorney, Michael Grennier for valuable advice and information regarding debt remedies. Call today to schedule a FREE consultation at (888) 504-1797.