Bankruptcy Timelines in a Chapter 7 Case

When you file bankruptcy the Bankruptcy Code sets out a number of deadlines.  In a Chapter 7 bankruptcy, the 341 meeting is typically held around 30-45 days after the date that the bankruptcy is filed.   The date that the bankruptcy is filed is a very important day in the case, because the automatic stay goes into effect that day.  That means that no creditor can sue you in a lawsuit, pursue a foreclosure, repossess your vehicle, garnish your wages or continue to harass you without first getting permission from a federal bankruptcy judge to do so.

The deadline for an objection to exemptions is 30 days after the date of the 341 meeting.  The deadline for objections to discharge in a Chapter 7 is 60 days after the date of the 341 meeting.

Contact Our Texas Bankruptcy Law Firm For Help Today

If you’re facing bankruptcy in Texas, we’re here to help. Contact the experienced bankruptcy lawyers at Pelley Law Office, L.L.P., today to schedule a free consultation.

We proudly serve Plano, Dallas, Sherman, and the surrounding areas.

Pelley Law Office L.L.P. – Plano Office
Address: 1312 14th St, Plano, TX 75074
Phone: (972) 608-0335
Hours: 24/7

Our firm is located near you. Find us with our GeoCoordinates: 33.0180322,-96.6952916,863

Pelley Law Office L.L.P. – Sherman Office

Address: 905 N Travis St, Sherman, TX 75090
Phone: (903) 813-4778
Hours: 24/7

Our firm is located near you. Find us with our GeoCoordinates: 33.6445846,-96.6113141,857