How Long Does A Bankruptcy Chapter 13 Take?

How long does a bankruptcy chapter 13 take?

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Min Austria
Assistant at Ascent Law LLC

If you're considering filing for Chapter 13 bankruptcy, you're probably wondering how long it will take for your case to be resolved. The answer is that it can vary, but it's usually between three and five years.

The good news is that federal law requires your creditors to stop collection activities during your bankruptcy case. This means you can get some relief from the calls, letters, and lawsuits you've been dealing with, and you don't have to worry about going to court over a wage garnishment or repossession.

The bad news is that during that time, you won't get any fresh starts—you'll still be responsible for all of your debts, and they'll still be on your credit report. You might see them lower a bit as payments are made, but they'll stay there as long as the original debt did. The length of your case depends on several factors. If either you or your creditors have multiple objections or issues with the proposed repayment plan, that can add time to the process. If there's a problem with servicing the debt (such as missing paperwork or incorrect information), there can also be delays in getting the case closed.

If you need a Chapter 13 Bankruptcy Lawyer, please call this law firm for a free consultation.

Ascent Law LLC

8833 S Redwood Road Suite C

West Jordan UT 84088

(801) 676-5506

Utah Lawyer for Divorce Business Bankruptcy Probate Estates
Ascent Law helps you in divorce, bankruptcy, probate, business or criminal cases in Utah, call 801-676-5506 for a free consultation today. We want to help you.
https://www.ascentlawfirm.com

Location: Layton, UT, USA

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