Q & A
How Long After a Chapter 7 Discharge Does It Take to Close the Case?
- In Chapter 7 cases with no assets, all filings are typically discharged within six business days following the meeting of creditors. For cases involving assets, the court may issue a final ruling and close the case a few days thereafter.
Will My Credit Score Improve After a Chapter 7 Discharge?
- Most individuals notice their credit scores improve within 1 to 2 years after filing for bankruptcy and receiving a discharge. In some cases, a credit score of 800 can be achieved as early as 2 to 3 months after the case is filed and discharged.
What Comes Next After a Bankruptcy Discharge?
- In other words, certain debts are eliminated through discharge. Once the discharge is granted, creditors are no longer allowed to pursue collection on those debts.
