Can you file a722 redemption after the 45 days following the 341 meeting?

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Can you file a722 redemption after the 45 days following the 341 meeting?

Asked on August 10, 2011 California

Answers:

Mark J. Markus / Mark J. Markus, Law Offices of

Answered 12 years ago | Contributor

Technically, pursuant to 11 USC 521 it is supposed to be done before 30 days following the 341(a) meeting of creditors, but as a practical matter it can really be done any time prior to discharge.  I've never seen anyone object as to the timing.  I've never researched it, but it might even be possible to do the redemption after the case is closed by filing a Motion to Reopen, but I'm not sure about that.

Mark J. Markus, Attorney at Law

Handling exclusively bankruptcy law cases in California since 1991.

http://www.bklaw.com/

Follow Me on Twitter:  @bklawr

Mark J. Markus / Mark J. Markus, Law Offices of

Answered 12 years ago | Contributor

Technically, pursuant to 11 USC 521 it is supposed to be done before 30 days following the 341(a) meeting of creditors, but as a practical matter it can really be done any time prior to discharge.  I've never seen anyone object as to the timing.  I've never researched it, but it might even be possible to do the redemption after the case is closed by filing a Motion to Reopen, but I'm not sure about that.

Mark J. Markus, Attorney at Law

Handling exclusively bankruptcy law cases in California since 1991.

http://www.bklaw.com/

Follow Me on Twitter:  @bklawr


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