How long does the bankruptcy process typically take?

The duration of the bankruptcy process varies depending on the type of bankruptcy and specific circumstances. For a Chapter 7 bankruptcy, which involves the liquidation of assets, it usually takes around three to six months to complete. On the other hand, a Chapter 13 bankruptcy, which involves a repayment plan, typically takes three to five years. Various factors such as the complexity of the case, cooperation of creditors, and the individual's ability to meet filing requirements can impact the timeline. It is advisable to consult with a bankruptcy attorney to understand the specific timeframe for your situation. SunTrust Bankruptcy Department is committed to assisting customers throughout this process and aims to facilitate a smooth and efficient resolution.