What is the general process in consumer bankruptcy cases?
In a Chapter 7 case, we will file several forms with the bankruptcy court listing your income and expenses, assets, debts and property transactions. A court-appointed person, the Trustee, is assigned to oversee your case. About a month after filing, we will accompany you to a “meeting of creditors” where the trustee reviews your forms and asks any questions. Despite the name, creditors rarely attend. If you have any nonexempt property, you must give it (or its value in cash) to the Trustee. The meeting lasts only a few minutes. A couple of months later, you should receive a notice from the court that “all debts that qualified for discharge were discharged.
In a Chapter 7 case, we will file several forms with the bankruptcy court listing your income and expenses, assets, debts and property transactions. A court-appointed person, the Trustee, is assigned to oversee your case. About a month after filing, we will accompany you to a “meeting of creditors” where the trustee reviews your forms and asks any questions. Despite the name, creditors rarely attend. If you have any nonexempt property, you must give it (or its value in cash) to the Trustee. The meeting lasts only a few minutes.
