Archived
I am a creditor, individual listed in a corporate chapter 11 case, in two instance one for 8k, and one for 74k.
Jeffrey's answer
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Answered on April 30, 2010
A chapter 11 debtor is required to file schedules listing all claims against it including contingent, disputed and unliquidated claims. However,...
Archived
How can I postpone a Bankruptcy court date?
Jeffrey's answer
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Answered on April 27, 2010
It is difficult to give a complete answer or whether it will be possible because you have not explained if you are a creditor, the debtor (in a...
If a company goes bankrupt, does the company still have to pay wages?
Jeffrey's answer
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Answered on April 19, 2010
As discussed in the previous response, wages will generally have a higher priority than many other debts, if proceeds are available to make...
Archived
Do I tell my creditors I filed for bankruptcy or do I wait till the court tells them?
Jeffrey's answer
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Answered on April 18, 2010
I agree with Mr. Fink. However, if you have a property that is about to be seized or foreclosed upon or some action is being taken against your...
Archived
What does it mean if a car company requests that a stay be lifted on my vehicle during bankruptcy
Jeffrey's answer
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Answered on April 18, 2010
An automatic stay in a bankruptcy stops collection actions, among other things, and prevents a company from taking back a lease for which lease...
Archived
What is the law with uninsured motorists and bankruptcy protection?
Jeffrey's answer
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Answered on April 14, 2010
Reading your question it is not clear whether the accident occurred before or after you filed the chapter 7 case. If the accident occurred after...
Archived
Bankruptcy question
Jeffrey's answer
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Answered on April 14, 2010
I agree with Mr. Jacobson (even though I am not admitted in Massachusetts) that you should consider speaking with a local attorney because each...
Archived
Does filing Chapter 7 by a debtor automatically void out a personal injury judgement I was awarded earlier in a PIC?
Jeffrey's answer
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Answered on April 13, 2010
It sounds as if you should find local bankruptcy counsel to assist you in the matter to find out what is really going on in the Chapter 7 case. ...
Archived
My mother co-signed on my vehicle, if i file for bankruptcy will it harm her credit?
Jeffrey's answer
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Answered on April 13, 2010
Your filing will not necessarily harm your mother's credit, however each rating agency has its formulas for calculating credit risk and more facts...
Archived
Rights as a creditor in a Bankruptcy case
Jeffrey's answer
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Answered on April 13, 2010
Because this is a chapter 7 case you will need to file a proof of claim (even if you are listed as a creditor) under rule 3002 of the federal rules...
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