Chapter 7 Bankruptcy Timeline
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Chapter 7 Bankruptcy Timeline
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Day 1 - The Bankruptcy documents are filed with the Bankruptcy  Court.

Day 14-Creditors are advised that a petition has been filed.

Day 20-40 - A Meeting of Creditoris held at the Court House (341 Meeting).

Day 20-30 and After - The trustee will sell any non-exempt assets.

Day 90 (after the 341 meeting) - Unsecured creditors must have filed their claims,

Day 60 - 90 (after the 341meeting) - The debtor is discharged and all debts (with some exceptions) are written off.

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