Top Long Island Adversary Proceeding Lawyer | Bankruptcy Law Firm
What is an Adversary Proceeding? In New York, your bankruptcy process can come to a screeching halt if your creditors or trustees file objections and start adversary proceedings . Reaching the Bankruptcy Discharge Stage The main goal for everyone going through bankruptcy is to reach the discharge stage – the point where the court permanently releases you from having to pay back certain debts and prevents your creditors from ever trying to collect those debts which were legally forgiven. Read here for more information - https://www.ny-bankruptcy.com/will-bankruptcy-clear-all-my-debts/ . As part of the chapter 7 and 13 bankruptcy process, a meeting is set up between you and your bankruptcy lawyer , a bankruptcy trustee, and representatives from all your creditors. Your creditors have 60 days from the date of that meeting to file any objections to discharge. An objection to discharge is considered an adversary proceeding, meaning that it is a separate cour...