http://www.houseoption.com/blog/stop-foreclosure/filling-bankruptcy-can-stop-foreclosure-how-long-does-a-bankruptcy-proceeding-may-take We Buy Houses Blog and REOs and Help Stop Foreclosures and Successful Home Loan Modifications for homeowners that are looking for options and solutions to sell their house fast cash or stay Blog. Mon, 06 Feb 2012 10:31:59 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.houseoption.com/blog/stop-foreclosure/filling-bankruptcy-can-stop-foreclosure-how-long-does-a-bankruptcy-proceeding-may-take/comment-page-1#comment-1141 S P Thu, 04 Mar 2010 08:39:59 +0000 http://www.houseoption.com/blog/stop-foreclosure/filling-bankruptcy-can-stop-foreclosure-how-long-does-a-bankruptcy-proceeding-may-take#comment-1141 Depending on what chapter you qualify for tells the time frame of how long it takes. Short version: A chapter 7 if you qualify for that will take approx 4 months from start to finish. You would retain the attorney, a month later go to court, and then 3 months later get your discharge, barring there are no problems with your case. If you don't qualify for a chapter 7, and make too much income, you go into a chapter 13 payment plan, which are payments run thru the bk court system and they usually run 5 years, depending on income, some can run for 3 years. You can review a few websites for more information: www.bcsalliance.com www.totalbankruptcy.com or www.usbankruptcy.gov Good Luck!<br><b>References : </b><br>Former BK Legal Assistant Depending on what chapter you qualify for tells the time frame of how long it takes. Short version: A chapter 7 if you qualify for that will take approx 4 months from start to finish. You would retain the attorney, a month later go to court, and then 3 months later get your discharge, barring there are no problems with your case. If you don’t qualify for a chapter 7, and make too much income, you go into a chapter 13 payment plan, which are payments run thru the bk court system and they usually run 5 years, depending on income, some can run for 3 years. You can review a few websites for more information: http://www.bcsalliance.com http://www.totalbankruptcy.com or http://www.usbankruptcy.gov Good Luck!
References :
Former BK Legal Assistant

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