Today is day 60 after our 341 meeting of creditors. For the majority of chapter 7 personal bankruptcy cases… day 60 is the magic day. The day of discharge when you are no longer liable for your debts. Many districts around the country discharge almost automatically on day 60, and the case is closed shortly thereafter.
In our case, since we are now considered an asset case closing will not take case until the assets are sold, and the trustee distributes all the funds to creditors. However, our bankrutcy discharge can take place at any time.
We are hoping this will happen after the objections are settled and items to be surrendered are agreed upon. We’ll keep you up to date!
Tags: asset case, bankruptcy discharge, chapter 7, florida bankruptcy, personal bankruptcy
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