We had an asset chapter 7 that was discharged in Feb. We obliged with all the monies that the trustee requested. Yesterday we recieved in the mail a "notice of trustees final report and applications for compensation and deadline to object." It lists the division of my 6 creditors but gives 21 days for objections I guess for other listed cards that I had to claim the money. Am I getting close to being closed? How much longer?
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Closer, yes, so long as others don't object. If they haven't filed yet they are unlikely to. Depends on the amount of money involved. A few thou divided between 6 creditors likely isn't worth the effort to object and make a claim; however, if we are talking tens of thousands then I'd expect more to come forward.
Otherwise it is just a waiting game. Asset cases can take up to two years to discharge and close, but the average time is usually much shorter than that. Hard to say - all districts are different.
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