Bankruptcy and the time lines..
September 6th, 2006 by Questions
I am just confused over the time lines involved. IS it correct that you are in bankruptcy for 9 months, then you are discharged, and your credit is still affected for an additional 6 years. In that 7 years total does the trustee file all tax returns or just the one that corresponds to when bankruptcy was filed(before and after. i thought the trustee did the taxes for the entire 7 years. So is it also 9 months or 7 years that one can not claim an inheritance?
I am unclear as to how the time lines all work.