Filing for bankruptcy can be a lifeline for Colorado residents facing overwhelming debt, but many people worry about how long the process will actually take. Whether you are considering Chapter 7 or Chapter 13, the timeline can vary based on your financial situation, the court’s schedule, and how quickly you gather required documents. Understanding the general steps can help you prepare and move forward with confidence.

At the Law Offices of Andrew F. McKenna, P.C., we can provide legal assistance to the Colorado public and help guide you through each stage of the bankruptcy process.

How Long Does the Bankruptcy Process Take?

1. Preparing to File (1–4 Weeks)

Before filing, you must complete mandatory credit counseling from an approved provider. This usually takes about an hour but must

be done within 180 days of filing.

 Next, you’ll need to gather financial documents such as tax returns, pay stubs, bank statements, and a list of debts and assets. The preparation stage can take anywhere from one week to a month depending on how quickly you collect your information.

2. Filing Your Bankruptcy Petition (Immediate Once Prepared)

Once all paperwork is ready, your attorney can file your petition with the Colorado bankruptcy court. Filing is instantaneous once the documents are submitted electronically. From this moment, an automatic stay goes into effect, stopping creditor collection efforts.

3. Chapter 7 Timeline (Approximately 3–4 Months)

If you file Chapter 7, the process moves relatively quickly:

• Meeting of creditors: Usually scheduled 20–40 days after filing
• Trustee review: The trustee verifies your documents
• Discharge: In most cases, you receive a discharge about 60–90 days after the creditor meeting

Most Chapter 7 cases in Colorado are completed within three to four months from the filing date.

4. Chapter 13 Timeline (3–5 Years)

Chapter 13 takes significantly longer because it involves a structured repayment plan:

• Repayment plan filed: Typically submitted with your petition
• Confirmation hearing: Usually occurs within 45 days of filing
• Plan completion: Takes three to five years

Once your repayment plan is complete and approved, you receive a discharge.

What Can Affect How Long Bankruptcy Takes?

Several factors can influence timing, including:

• How quickly you gather documents
• Whether your case requires additional court hearings
• Trustee requests for more information
• Complexity of your financial situation

With the help of a bankruptcy attorney, you can ensure your filings are accurate and avoid unnecessary delays.

Why Work With a Colorado Bankruptcy Attorney?

Bankruptcy requires strict documentation and adherence to federal rules. Working with a knowledgeable attorney helps you file correctly, avoid delays, and maximize your financial relief.

At the Law Offices of Andrew F. McKenna, P.C., we can provide legal assistance to the Colorado public and help you navigate the process from start to finish.