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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 Insider Transfers
 
- 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 free 1-hour consultation.
For more information regarding the sources of these deadlines and event dates please see the following references:
Description of Deadline/EventU.S. Code Reference
INSIDER 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:
What is Chapter 7 Bankruptcy?
What is the purpose of a Chapter 7 Bankruptcy filing?
What kinds of debts are not discharged in Chapter 7 Bankruptcy?
How much does it cost to file for Chapter 7 Bankruptcy?
Can I file Chapter 7 Bankruptcy Even if I Have Filed Before?
Can a Court Deny my Discharge in a Chapter 7 Bankruptcy Case?
What happens if I paid off all or some of my debts before I file for Bankruptcy? What is an "Insider"?
Do I need to take a credit counseling course before I can file for Chapter 7 Bankruptcy?
Do I need to be a resident of Massachusetts to file for Bankruptcy in Massachusetts?
What happens immediately after I file my Chapter 7 Bankruptcy?
What do I need to file with my Bankruptcy Petition? Are there any deadlines?
What Happens After My Case is Filed? Do I Need To Go to Court?
Under What Circumstances Can Creditors Object to the Discharge of a Debt?
When Will I Receive My Discharge?


Click here to learn more about Chapter 7 Bankruptcy.

 
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