Discharged vs. Closed???

[okiebk09]

I know some of the differences but would like to know them all. Tell me the reasoning behind still waiting for "closing".

[JRScott]

Discharge is where you actually get relief from your debt.

Closing is an administrative function that just finishes tidying up your file then closing it indicating it is finished.

[AfraidOfBK]

yes but what can they do to you in that interim period....between discharge and closing, are you still being watched ??????

(I think i get way to conspiracy theory with all of this, but its hard not to when you disclose every single thing about yourself and your belongings)

[Lajazz947]

yes but what can they do to you in that interim period....between discharge and closing, are you still being watched ??????

(I think i get way to conspiracy theory with all of this, but its hard not to when you disclose every single thing about yourself and your belongings)

I see in your signature that you are waiting.

What exactly are you waiting for?

You may be worrying for nothing.

[JRScott]

It depends on the case.

In an asset case between discharge and closing is when the Trustee normally sells assets and divides the proceeds among creditors who have filed a claim. In this case the closing can take place months after the discharge (and in rare cases as long as a year).

In a non asset case generally there is nothing much going on between discharge and closing. In these cases delays are normally caused by case loads. Some districts only close on a certain day of the week or month.

The discharge is the most important phase for the debtor.

[Lajazz947]

It depends on the case.

In an asset case between discharge and closing is when the Trustee normally sells assets and divides the proceeds among creditors who have filed a claim. In this case the closing can take place months after the discharge (and in rare cases as long as a year).

In a non asset case generally there is nothing much going on between discharge and closing. In these cases delays are normally caused by case loads. Some districts only close on a certain day of the week or month.

The discharge is the most important phase for the debtor.

Hi JR, you have been very helpful.

Since the last day for objections by the US TT for me is on June 11th, and the 341 is on June 8th when could I expect a discharge assuming nothing goes wrong?

I have yet to hear anything and I am just 29 days away from the last day for objections counting weekends and holidays, only 19 working days.

[JRScott]

Its possible they might file an extension LaJazz since that's only 3 days after the 341. However if all goes well at the 341 you might discharge on time. If they file an extension the standard extension time is 30 days.

[AngelinaCatHub]

It depends on the case.

In an asset case between discharge and closing is when the Trustee normally sells assets and divides the proceeds among creditors who have filed a claim. In this case the closing can take place months after the discharge (and in rare cases as long as a year).

In a non asset case generally there is nothing much going on between discharge and closing. In these cases delays are normally caused by case loads. Some districts only close on a certain day of the week or month.

The discharge is the most important phase for the debtor.

Yes my closing is now 260 and waiting. I was an asset case, and I see motions and orders for this and that. Like requests for payments (Trustee and Lawyers) an objection as to priority, motions denying priority, every new motion gets thirty more waiting days. Since I owe 30K to IRS, and the balance after the Trustee and Lawyer (due to a 2004 hearing), will be about 6K. I hope it will all go to IRS. I don't know of any other priority creditor that hasn't been dismissed. 'Hub

[Lajazz947]

Its possible they might file an extension LaJazz since that's only 3 days after the 341. However if all goes well at the 341 you might discharge on time. If they file an extension the standard extension time is 30 days.

Interesting. I thought that since I granted them an extension already that I would have to grant them another which I would not at this point.

Can they get an automatic extension? If not I doubt that my attorney would agree to anymore since they have pretty much asked me for everything that they possibly can.

He is ready to go to the mat on this one and I for one am glad. I need to get this over with.

Thanks

[DeadManCrawling]

Yes my closing is now 260 and waiting. I was an asset case, and I see motions and orders for this and that.

How were you an asset case? I see your location as Florida and would like to know what occurred to cause this.

No homestead, newer residents, assets that you thought were exempt but that were ruled not so?

Am very curious, since I plan to file very shortly in FL.

Thank you

[okiebk09]

So back to my question....we were no asset. What is the normal wait for no asset? Can we call the court clerk for closing as we did for discharge?

[kenshirley]

So back to my question....we were no asset. What is the normal wait for no asset? Can we call the court clerk for closing as we did for discharge?

60 days from the date of the 341 meeting for the discharge +/- the court case loads. And another two weeks for closing I am told.

[jojo]

60 days from the date of the 341 meeting for the discharge +/- the court case loads. And another two weeks for closing I am told.

I thought it was an additional 6 months for closing??? I am confused. Two weeks sounds great.

[Iamtoobroke]

I thought it was an additional 6 months for closing??? I am confused. Two weeks sounds great.

In our district - Southern Ohio--it looks like the closings are taking anywhere frmm 10 days to 3 weeks after discharge, with an average of 2 weeks on a no asset case.

[UhhhOhhh]

Yes my closing is now 260 and waiting. I was an asset case, and I see motions and orders for this and that. Like requests for payments (Trustee and Lawyers) an objection as to priority, motions denying priority, every new motion gets thirty more waiting days. Since I owe 30K to IRS, and the balance after the Trustee and Lawyer (due to a 2004 hearing), will be about 6K. I hope it will all go to IRS. I don't know of any other priority creditor that hasn't been dismissed. 'Hub

Ohh youre in a similar boat to me .... I was discharged june 08 and am still waiting to close. Altho my new lawyer called and the Trustee office said my account is 'paid in full' (I was a chap 7 but had to send in some money for 'non allowed items') and will soon be disbursed ... so I assume then closed. But Im going on a year now and over a year since filing (feb 08). *sigh*