Most Chapter 7 Bankruptcy cases are not complicated. From start to finish the whole process takes about four to six months. This slideshow describes the steps involved in Chapter 7 Bankruptcy. To learn more, call (800) 893-5048 (English)/ 877-483-2515 (Spanish) or email us at info@freebk7.com . Visit www.freebk7.com

1. Phone: (800) 893-5048 (English)
(877) 483-2515 (Spanish)
Email: info@freebk7.com
Website: www.freebk7.com
Disclaimer: We are not a law firm or attorney.
However, we will assist you in finding a bankruptcy
attorney in your state.
The Process Of Filing Chapter 7
Bankruptcy

2. Most Chapter 7 bankruptcy cases are not complicated. From
start to finish the whole process may take about four to six
months. Chapter 7 filers rarely go to court, although the
process does require one mandatory non-court appearance
before the trustee.

3. Steps involved in the Chapter 7 bankruptcy
process:

4. Pre-bankruptcy Credit Counceling
• You must receive credit counceling during the six month
period prior to filing for Chapter 7 bankruptcy.
• Get counceling from an agency that has been approved by the
United States Trustee's Office.

5. File Your Petition
You must file a packet of forms consisting of the
• Bankruptcy petition
• Schedules (which contain detailed information about your
finances)
• Other forms (which calculate your income and expenses, let
the court know which property you claim as exempt and
provide other various information to the court).

6. Automatic Stay
• Once you file your bankruptcy petition, the automatic stay
goes into effect.
• This prohibits almost all of your creditors from continuing
collection actions against you.

7. The Bankruptcy Trustee
• The court will appoint a trustee to handle your bankruptcy
case.
• The trustee will try to maximize assets in the bankruptcy
estate to distribute to your unsecured creditors, look for
inaccuracies in your paperwork, and check for any possible
fraud.

8. The Meeting Of Creditors
• You must attend the meeting of creditors.
• You will have to answer questions about your finances and
bankruptcy forms from the trustee and any creditors who
show up.

9. Chapter 7 Eligibility
• The court makes a decision on whether or not you are eligible
for Chapter 7 protection.
• You might not be eligible if you can't pass the means test.

10. Non-exempt Property
• If you have any non-exempt property, the trustee will decide
whether it's worth seizing and selling to distribute to your
creditors.

11. Secured Debts
• You must decide what to do about your secured debts – those
debts for which you pledged property as collateral, such as
your mortgage or car loan.
• Typically you can surrender the property, redeem (pay for) the
property, reaffirm the loan, or keep paying the debt.

12. Financial Management Course
• After you file and before you get your discharge, you have to
complete a debtor's education course.
• When you complete the class, you must file Form 23 with the
court.

13. Your Discharge
• Anywhere from three to six months after you file for
bankruptcy, you'll receive your bankruptcy discharge in the
mail.
• At this point, the automatic stay is lifted.

14. Case Closed
• A few days or weeks after your discharge is granted, your
bankruptcy case will be officially closed.

15. Free Chapter 7 Bankruptcy
• Filing for Chapter 7 Bankruptcy is Free with us at Fenner &
Associates, if you qualify for it.
• We provide bankruptcy services in Los Angeles, Oklahoma
City, Chicago, and Indianapolis.

16. Contact Us:
Fenner & Associates
Bankruptcy Services, Indiana
2534 Bluff Road
Indianapolis, Indiana 46225
Phone: (800) 893-5048 (English)
877-483-2515 (Spanish)
info@freebk7.com
www.freebk7.com