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Can a bankruptcy be reopened to correct an over payment to proof of claim?
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∙ 9y ago
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∙ 9y ago
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Which is the correct journal entry for receiving a payment from an insurance company for previously submitted claims?
insure claim resived bu party
How many times can you file Chapter 7 bankruptcy and can you claim taxes?
No limit
What is the meaning of claim letter?
A claim letter asks for an adjustment to correct the problem in a courteous, direct manner.
Can an LLC claim bankruptcy if it owes state taxes?
Any corporation can file for bankruptcy, whether or not it owes taxes. If the corporation is to be liquidated, any taxes it owes are the first priority to be paid, before the debts owed to others.
Do I need to pay taxes on an insurance claim payment?
No, the insurance settlement is considered compensation for a loss, not income.
Can a creditor file an adversarial claim in bankruptcy court in a personal 7 bankruptcy for something that they contend occurred during a business bankruptcy 2 years previous. No claim was filed then.?
No, a creditor is required to file a claim if seeking payment, otherwise that claim is considered waived. So in this case. if there was no claim, then it was waived and the debt discharged. But even if it was filed, it would have been discharged in the business BK.
Which claim status is assigned by the payer to allow the provider to correct errors or omission on the claim and resubmit for payment consideration?
Denied
Can a landlord who was not included in a bankruptcy bring small claim's action against a tenant after the tenant's bankruptcy has been discharged?
If you did not include your landlord in your schedule of unsecured debts, and you owe him, then he can go to small claims court. His being informed of the bankrupcy but not included--does not release you of the debt. Call your attorney and see if he can add the landlord--depending on the amount--it may not be worth it if it is still possible. * Once a bankruptcy has been discharged it cannot be reopened to include debts. It can sometimes be reopened to include non exempt assets of the debtor.
Can you claim a chapter 13 bankruptcy if you have any equity in your house?
Yes. That is probably one of the times this would be the correct Chapter to use.
How can you claim bankruptcy to avoid paying bills?
In order to claim bankruptcy a court has to issue a bankruptcy order against you. The best place to find information about bankruptcy and the whole process of declaring bankruptcy is the official government website.
Can i sue someone if i am in the prossess of a chapter 7 bankruptcy?
Not as a rule. If the claim was something that arose after the filing, it will depend on the nature of the claim. If the claim arose prior to filing, you must have disclosed the claim in the bankruptcy documents and the trustee may take over the claim. Consult a lawyer knowledgeable in bankruptcy.
What can you do to get your money from somebody that filed bankruptcy?
File a claim for payment with the trustee. Review and make sure all the things the person is saying about what they have to pay creditors with is true (they aren't hiding assets).
In a chapter 13 bankruptcy what if the trustee calls for an order expunging claim?
A judge or court may sometimes expunge a claim in bankruptcy court. This means that the claim is erased, as if it never happened.
Do I have the right to see who filed proof of claim in my bankruptcy case?
Yes surely you have all the rights to see who filed proof claim in your bankruptcy case.You must see all the things related to your bankruptcy.If you have some problem in this you can ask to your attorney they will help you to get a clear answer and show the correct legal way to do so.
Which is the correct journal entry for receiving a payment from an insurance company for previously submitted claims?
insure claim resived bu party
What is an interim payment on an insurance claim?
A partial payment.
Can you receieved a large settlement payment after you are discharged from a chapter 13 bankruptcy?
You can, but you may have to turn it over to the trustee if you did not list the claim in your list of assets and your Statement of Financial Affairs. If the trustee abandoned the claim, the settlement is yours. If you failed to list it, not only can you lose the settlement, you may be subject to federal criminal charges for lying on your bankruptcy forms, which you signed under oath.
