Dean David A. Reingold shares progress on the strategic goals for the College of Liberal Arts.
The length of a bankruptcy case depends on many circumstances, but it mostly depends on which type of bankruptcy you file. There are two main types of personal bankruptcy: Chapter 7 and Chapter 13. Generally: 1  Chapter 7 debt discharge bankruptcy = 3-6 months. 2  Chapter 13 bankruptcy repayment plan = 3-5 years.
There are many factors that should be taken into account when considering filing for bankruptcy. 1. Figure out what bankruptcy options you have. Chapter 7 bankruptcy is a bankruptcy proceeding that can wipe out many of your debts in a three to six month period. However, you may lose some of your personal property. You can find out more by looking at Bankruptcy Overview: Chapter 7.