If the case involves property the trustee has to market, the situation could go on for months or many years after the discharge. The period of time will rely on whether the Chapter seven trustee really should file lawsuits from creditors or Many others or offer belongings like real-estate, automobiles, or companies.With exceptions designated for ea
There is certainly Court oversight of the repayment system. And underneath personal debt consolidation plans, a 1099-C could possibly be issued for virtually any debt that may be cancelled, creating that personal debt taxable cash flow. Every time a Chapter thirteen is submitted, as well as approach for prepayment is verified, there�
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