debt

Bankruptcy timeline

 
What happens before, during and after bankruptcy
[click circles to view timeline stages] 
How it works
Click on each of the circles in the above illustration. Each circle will provide the details of what you can expect at that point in time, from the point of declaring bankruptcy to 6 months into bankruptcy and 10 years forward.
This Bankrate bankruptcy timeline should be considered a guide, not a road map. In most cases, the timing is approximate and will vary based on the filer's individual circumstances.
 
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 RESOURCES
Bankruptcy: Before you file
Bankruptcy: When you file
Bankruptcy: After you file
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Debt Adviser

Can I ignore my debt collector?

Dear Debt Adviser, Recently, a collector called me about an unpaid debt from 2002. She threatened to garnish my husband's wages by 25 percent and "1099" us when we file our taxes. She said we could settle by paying $1,500... Read more

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