How Important Are Deadlines?

How Important Are Deadlines?

This is a blog for those prospective bankruptcy debtors who may need to realize that meeting deadlines, among other requirements, is crucial for the success of their bankruptcy case, whether it is filed under Chapter 7, Chapter 11, or Chapter 13. From the time debtors file their petition they are faced with the accomplishment of certain tasks within set periods as other periods start to run for their creditors also to accomplish certain tasks, such as filing a proof of claim.

Once a debtor files a bankruptcy petition, he or she is subject to his or her first deadline. The case’s creditor mailing matrix, more commonly known as a master mailing list, and certain schedules and statements that reflect the debtor’s assets, liabilities, income, expenses, and intentions as to secured and leased property must be filed. Bankruptcy debtors have two weeks or fourteen days to file these important documents that provide the court, trustee, and creditors with a snapshot of the debtor’s financial picture.

Any failure by a bankruptcy debtor to file these documents by this deadline without obtaining a court-approved extension will result in the dismissal of the bankruptcy case. Also, any failure to file the master mailing list will delay creditors receiving notice of the bankruptcy case, which means that their collection efforts will continue.  As the case progresses, trustees may make requests of the debtor. Any failure to respond to any request by the trustee within the time given by the trustee may also result in dismissal of the bankruptcy case.

The attorneys at the Morrison Law Group can help any Utah resident deal with and meet any deadline imposed by federal law, the bankruptcy court, or the trustee. Bankruptcy may help any person obtain a financial fresh start. The Morrison Law Group offers free consultations where we will review your financial circumstances and determine whether bankruptcy is the best solution for you. If so, we will then determine which chapter has the most advantages and whether you are eligible to file under this chapter.

It is crucial to the success of a bankruptcy case to work closely with your attorney and be ready to anticipate the next step of the process as a bankruptcy case moves forward. Setting aside a few hours each week to review your case and ensure that you understand where things currently stand is a wise course of action for any bankruptcy debtor.

Individuals considering bankruptcy as a debt relief solution often assume that bankruptcy will not provide the necessary help in a timely enough fashion to be truly effective and worthwhile. This could not be farther from the truth and is a myth of bankruptcy. It is important to consult with an experienced Utah bankruptcy attorney, such as one of the many qualified attorneys at the Morrison Law Group who can explain the process and timeline of both Chapter 7 and Chapter 13 bankruptcy cases. Call 801.456.9933 today to schedule a FREE consultation. We have locations in Ogden, Logan, Sandy, and St. George to serve the residents of the counties of Weber, Cache, Salt Lake, Utah, Morgan, Davis, Washington, and surrounding areas.


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