Legal Disclaimer: This information is for educational purposes only and does not constitute legal advice. Consult with a qualified bankruptcy attorney for advice specific to your situation.

Bankruptcy Timeline

Track important dates and milestones in your Chapter 7 bankruptcy process

Total Timeline

3-4 months from filing

From initial consultation

Total Costs

$2,118

Including all fees

Current Stage

Step 2 of 9

Document Collection

Process Timeline

Click on any event for detailed information and tasks

Attorney Consultation
Completed

Initial meeting to discuss your financial situation and bankruptcy options

Completed

Document Collection
Current

Gather all required financial documents and information

7-14 days

Missing documents will delay filing

Ensure all creditors are listed

Credit Counseling Course

Complete mandatory pre-filing credit counseling

1 day

$15

Must be completed before filing

Certificate valid for 180 days

Pay Attorney Retainer

Submit initial retainer payment to begin petition preparation

Upon document submission

$500

Review & Sign Petition

Meet with attorney to review and sign bankruptcy petition

5-7 days after retainer

$1250

Review every detail carefully

All debts must be listed

Case Filed with Court

Bankruptcy petition officially filed with the court

Same day as signing

$338

Automatic stay stops collections immediately

Do not incur new debt

341 Meeting of Creditors

Attend mandatory meeting with bankruptcy trustee

20-40 days after filing

Attendance is mandatory

Be honest and direct in answers

Dress professionally

Financial Management Course

Complete mandatory post-filing financial education

Within 60 days of 341 meeting

$15

Must complete before discharge

Failure to complete prevents discharge

Discharge Order

Court issues order discharging eligible debts

60-90 days after 341 meeting

Some debts are non-dischargeable

Student loans typically not discharged