20. What is the general process in consumer bankruptcy cases?

First, you need to complete a credit counseling course (typically on-line), then we prepare the bankruptcy petition listing your assets and debts along with other information. About a month later we will accompany you to a “Meeting of Creditor” where the trustee assigned to your case will confirm your identity and ask you some basic questions. Typically, creditors rarely attend, and the meeting only last a few minutes, except for the time waiting for the trustee to finish other cases he calls before yours. Prior to your debts being discharged (forgiven) you will need to complete another course (typically on-line) on financial management. A couple of months after the Meeting of creditors, you should receive a notice from the court stating that “all debts that qualified for discharge were discharge” and your bankruptcy case will be over. It is normally that simple and quick.

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