How Long Does Bankruptcy Take?
People considering bankruptcy have many concerns about the process. One of them is the amount of time it will take. At Nardi & Nardi, P.A., we are able to guide the majority of the people we represent through the bankruptcy process in a matter of months. You may be much closer to getting a fresh start than you thought.
Protect your rights, your family, and your future. Call now at 407-478-0074 or contact us by email for a personalized answer to the question "How long does bankruptcy take?"
Orlando Personal Bankruptcy Lawyers Committed to Efficiency
A variety of factors impact the amount of time bankruptcy takes. The first and foremost is the type of bankruptcy you file. Chapter 7 bankruptcy, which is what the vast majority of our clients file, typically takes four to six months. Six months tend to be the amount of time it takes if there are assets that need to be liquidated, which is frequently not the case.
If you file Chapter 13 bankruptcy, the process will take three to five years, depending on the length of the repayment plan chosen. Our attorneys stand beside clients from day one until the repayment plan is completed, assisting every step of the way.
The Immediate Impact of Filing Bankruptcy
It is important to note that, although the bankruptcy process can take anywhere from four months to five years, the impact is immediate. An automatic stay takes effect that prevents your creditors from taking further action against you.
Call us at 407-478-0074 today to speak directly with an experienced Orlando, Florida, lawyer or contact us by email to learn more about bankruptcy.
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