Chronology of Chapter 7 Bankruptcy Case

Richmond, Virginia.  The following is a chronology of events in a Chapter 7 bankruptcy case of a Debtor without assets to be administered by a trustee.  This is also referred to as a non-asset case.

1. Debtor works with their attorney to complete their petition, schedules, lists, and other required documents be filed as part of their bankruptcy case.
2. Prior to filing their bankruptcy petition, a Debtor must complete a course concerning personal financial management pursuant to 11 U.S.C. § 111.
3. The bankruptcy petition is filed (the “Petition Date”).
4. Within 14 days of the filing of the Petition Date, the schedules, lists, and other required documents are to be filed.
5. Within approximately one month to six weeks of the Petition Date, the Debtor is to attend a 341 meeting of creditors.
6. Within 60 days of the original date of the 341 meeting of creditors, the Debtor must complete and file their certification of completion of instructional course concerning personal financial management pursuant to 11 U.S.C. § 111.

Following the completion of the above described steps, the Debtor will receive their discharge under Chapter 7 pursuant to 11 U.S.C. § 727.  There are other deadlines associated with creditors and governmental entities which are not discussed above and must be followed closely.

With offices in Richmond, Glen Allen, and Hopewell, Ronald Page, PLC services debtors and creditors in bankruptcy proceedings in the Virginia Capitol area including Richmond, Henrico County, Chesterfield County, Hopewell, Petersburg, Hanover County, Caroline County, Powhatan County, Prince George County, Goochland County, New Kent County, and Amelia County.