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Discharge Bankruptcy Form

Discharge Bankruptcy Form

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hi West Scott from Canaan Scott today we're gonna talk about I got my bankruptcy discharge so why am I still getting letters from a trustee you know a lot of people mistakenly think that in a chapter 7 bankruptcy for example once you get your discharge the case is over and a lot of cases it is over what happens is if you don't have any assets for the trustee to administer or if there are no preferences to recover or fraudulent transfers to avoid the trustee in the bankruptcy case will file what we call a no asset report when the trustee files a no asset report when you get your discharge the Bankruptcy Court will close your file and it's done but there are some cases where the trustee has to administer non-exempt assets pursue preferences or avoid transfers this takes time and you know the normal bankruptcy process from start to finish is four months from the time you file the chapter 7 bankruptcy until the time you get your discharge but sometimes it takes long

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