FINANCIAL FREEDOM

K E L S E Y & T R A S K, P.C.
bankruptcy & debt relief attorneys

directions

Chapter 7 Timeline Calculator


Filing Date:	If you have received your 341(a) Notice, fill in the date here for more accurate dates below. Otherwise the calculator estimates the 341(a) hearing to be 30 days after the filing date.

341(a) Date (actual):


	- Start of Lookback for Outright Asset Transfers

	- Start of Lookback for Payments to Insider Creditors



	- Start of B22A Income Inclusion Period

	- Start of Residency Requirement - First day to take Credit Counseling Course

	- Start of Lookback for Non-Insider Transfers - Start of Lookback for Luxury Goods
	- Start of Lookback for Cash Advances

	- Usual Lookback for Credit Card Purchases (non-statutory Trustee inquiry)

	- End of B22A Income Inclusion Period

	- FILING DATE - Automatic Stay in Effect - Last day to take Credit Counseling Course
	- Approx. Mailing of Notice of Case

	- Deadline for Filing all Schedules, Statement of Financial Affairs, 60 days of paystubs, and Certificate of Credit Counseling
	- Deadline for providing Last Year's Federal Tax Return to Trustee
	- Deadline for Filing Statement of Intention re: Personal Property
	- 341(a) Creditor's Meeting - Earliest Date to Object to Discharge - Earliest Date to Move to Dismiss case - Earliest Date to Act on Statement of Intention

	- Deadline to Perform on Statment of Intention
	- Approx. Deadline to file Certificate of Financial Management Course (45 days after conclusion of 341(a) Meeting)

	- Approx. Deadline for Objections to Discharge or Dischargability of Debts (60 days after conclusion of 341(a) Meeting) - Earliest possible Discharge Date
	- Approx. Discharge Date

	- Deadline for non-Governmental entities to file Proofs of Claim

	- Deadline for Government to file Proofs of Claim (except the IRS may file proofs of claim up to 60 days after actual filing of tax returns)


	- Approx. End of U.S. Trustee Audit Period (1 year from actual discharge date)

The Chapter 7 Timeline Calculator provided above displays approximate dates for deadlines and events in a Chapter 7 Bankruptcy case. These dates are subject to change by amendments to the U.S. Code, or may vary due to local rules or practices or even due to the specific facts of your case. If you should have any questions, please do not hesitate to call Attorney Matthew Trask at 508.655.5980 to schedule a 1-hour initial consultation.

For more information regarding the sources of these deadlines and event dates please see the following references:

Description of Deadline/Event	U.S. Code Reference

FRAUDULENT TRANSFERS - The trustee may avoid any transfer if the intent of the transfer was to hinder, delay, or defraud any entity to which the debtor is indebted, or in some instances when the tranfser wasn't for fair value.	11 U.S.C. § 548(a)(1)

INSIDER CREDITOR PREFERENCE - Payments to a creditor who is an insider, such as a relative or business associate, up to 1 year prior to the filing date may be considered a preference.	11 U.S.C. § 547(b)(4)(B)

RESIDENCY REQUIREMENT - Restricted to filing in the state where you have resided, or which has been your principal place of business for the majority of the last 180 days.	28 USC § 1408

CREDIT COUNSELING COURSE - Must be taken before filing date and up to 180 days prior to filing date.	11 U.S.C. § 109(h)

NON-INSIDER PREFERENCE - Payments to any creditor up to 90 days prior to the filing date may be considered a preference.	11 U.S.C. § 547(b)(4)(B)

LUXURY GOODS - $500 for "luxury goods or services" incurred up to 90 days prior to the filing date is presumed to be non-dischargeable.	11 U.S.C. § 523(a)(2)(C)

CASH ADVANCE - $750 for cash advances incurred up to 70 days prior to the filing date is presumed to be non-dischargeable.	11 U.S.C. § 523(a)(2)(C)

AUTOMATIC STAY - Automatic stay prohibits all collection actions as of filing date.	11 U.S.C. § 362

FILING SCHEDULES, STATEMENT, & PAYSTUBS - Case may be dismissed upon Motion of the trustee if schedules, financial statement, and 60 days of paystubs not filed within 15 days of filing date.	11 U.S.C. § 707(a)(3)

FILING TAX RETURN - Case may be dismissed if preceding year's federal tax return not filed with Trustee 7 days prior to 341(a) meeting.	11 U.S.C. § 521(e)(2)(A)

STATEMENT OF INTENTION - Within 30 days after filing date (or before the Creditor's meeting if that is earlier), the you must file a Statement of Intention indicating your intentions with regard to surrendering or keeping personal property secured by consumer debt.	11 U.S.C. § 362(h)(1)

341(a) MEETING OF CREDITORS - Approximately 30 days after the filing date, the Trustee shall preside at a meeting of creditors.	11 U.S.C. § 341

ACTING ON INTENTION - Within 45 days of the 341(a) meeting, you enter into agreement with creditor or redeem the property pursuant to any Statement of Intention.	11 U.S.C. § 521(a)(6)

FINANCIAL MANAGEMENT COURSE - Must be taken within 45 days of conclusion of 341(a) meeting.	11 U.S.C. § 727(a)(11)

OBJECTIONS - Objections to dischargeability of a specific debt or of all the debt must be made within 60 days after the first date set for creditor's meeting.	11 U.S.C. § 523(a)(2) 11 U.S.C. § 727(a)

PROOF OF CLAIM - Non-Governmental Proofs of Claim must be made within 90 days after the first date set for creditor's meeting. Government Proofs of Claim must be made within 180 days after the filing date.	Fed. R. Bankr. P. 3002(c)

For more information about Chapter 7 Bankruptcy visit our Chapter 7 page or click on one of the questions below:

Frequently Asked Chapter 7 Questions:

Search our Website:

Contact Us:

Call 508.655.5980

SCHEDULE A 1-HOUR
CONSULTATION
click here to E-MAIL

Kelsey & Trask, P.C.
160 Speen St.
Suite 202
Framingham, MA 01701

STARTING AT $999
plus filing fee

NEWS & MEDIA
HELPFUL LINKS
Download our iPhone Apps

Trask: Twitterfeed

Please wait while my tweets load

If you can't wait click below to:

connect with me on twitter

Kelsey: Twitterfeed

Please wait while my tweets load

If you can't wait click below to:

connect with me on twitter

160 Speen St. • Suite 202 • Framingham, MA 01701
Tel.508.655.5980 • Tel.508.720.0397 • Fax.508.655.5981

Use of the KelseyTrask.com Website is subject to the Terms of Use contained in the Disclaimer. Use of this Site indicates acceptance of these terms. The Content of this Site may be considered advertising for legal services under the laws and rules of professional conduct of the jurisdictions in which we practice.

Kelsey & Trask, P.C. is a law firm located in Framingham, MA that serves the Metro-West communities of Massachusetts and beyond including Norfolk County (Avon, Bellingham, Braintree, Brookline, Canton, Cohasset, Dedham, Dover, Foxborough, Franklin, Holbrook, Medfield, Medway, Millis, Milton, Needham, Norfolk, Norwood, Plainville, Quincy, Randolph, Sharon, Stoughton, Walpole, Wellesley, Westwood, Weymouth, and Wrentham), Middlesex County (Acton, Arlington, Ashby, Ashland, Ayer, Bedford, Belmont, Billerica, Boxborough, Burlington, Cambridge, Carlisle, Chelmsford, Concord, Dracut, Dunstable, Everett, Framingham, Groton, Holliston, Hopkinton, Hudson, Lexington, Lincoln, Littleton, Lowell, Malden, Marlborough, Maynard, Medford, Melrose, Newton, North Reading, Pepperell, Reading, Sherborn, Shirley, Somerville, Stoneham, Stow, Sudbury, Tewksbury, Townsend, Tyngsborough, Wakefield, Waltham, Watertown, Wayland, Westford, Weston, Wilmington, Winchester, and Woburn), Plymouth County (Abington, Bridgewater, Brockton, Carver, Duxbury, East Bridgewater, Halifax, Hanson, Hingham, Hull, Kingston, Lakeville, Marion, Marshfield, Mattapoisett, Middleborough, Norwell, Pembroke, Plymouth, Plympton, Rochester, Rockland, Scituate, Wareham, West Bridgewater, and Whitman), Worcester County (Ashburnham, Athol, Auburn, Barre, Berlin, Blackstone, Bolton, Boylston, Brookfield, Charlton, Clinton, Douglas, Dudley, East Brookfield, Fitchburg, Gardner, Grafton, Hardwick, Harvard, Holden, Hopedale, Hubbardston, Lancaster, Leicester, Leominster, Lunenburg, Mendon, Milford, Millbury, Millville, North Brookfield, Northborough, Northbridge, Oakham, Oxford, Paxton, Petersham, Phillipston, Princeton, Royalston, Rutland, Shrewsbury, Southborough, Southbridge, Spencer, Sterling, Sturbridge, Sutton, Templeton, Upton, Uxbridge, Warren, Webster, West Boylston, West Brookfield, Westborough, Westminster, Winchendon, and Worcester), Bristol County (Acushnet, Attleboro, Berkley, Dartmouth, Dighton, Easton, Fairhaven, Fall River, Freetown, Mansfield, New Bedford, North Attleborough, Norton, Raynham, Rehoboth, Seekonk, Somerset, Swansea, Taunton, and Westport), Barnstable County (Barnstable, Bourne, Brewster, Chatham, Dennis, Eastham, Falmouth, Harwich, Mashpee, Orleans, Provincetown, Sandwich, Truro, Wellfleet, and Yarmouth), and Suffolk County (Boston, Dorchester, Chelsea, Revere, Roxbury, and Winthrop).