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Can you add an additional creditor after a bankruptcy proceedings had already been submitted without going to your lawyer again?
(UK - US and other countries may follow different legislation)
All creditors need to be listed on your application for bankruptcy. As your lawyer / solicitor is, usually, the person who submits the application, you will need to discuss it with them (Failure to disclose information about creditors can be viewed as fraud).
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How do you stop bankruptcy on judgment?
As a creditor you cannot stop bankruptcy proceedings on anything. You can, however, file an objection in BK Court to why the debt to you shouldn't be discharged.
what are adversary proceedings?
Adversary proceedings are proceedings that occur in bankruptcy court. This refers to a creditor arguing that a debt should be paid by the other person in the proceeding, instead of being thrown out or dismissed.
What are Adversaries?
Adversary proceedings are proceedings that occur in bankruptcy court. This refers to a creditor arguing that a debt should be paid by the other person in the proceeding, instead of being thrown out or dismissed.
Can a creditor sell a repossessed vehicle they have had in their possession if the debtor files bankruptcy?
Possession is 9/10th of the law. Not if the vehicle qualified to be listed in the bankruptcy filing. In which case no action pertaining to the vehicle can be taken until the bankruptcy proceedings are finished.
What has the author Lynn M LoPucki written?
Lynn M. LoPucki has written: 'Strategies for creditors in bankruptcy proceedings' -- subject(s): Debtor and creditor, Bankruptcy 'Commercial transactions' -- subject(s): Negotiable instruments, Credit, Debtor and creditor, Law and legislation, Sales 'Secured credit' -- subject(s): Bankruptcy, Cases, Debtor and creditor, Security (Law) 'Courting failure' -- subject(s): Corporation law, Judicial corruption, Bankruptcy, Forum shopping
What is creditors schedules?
Creditor schedules, often used in bankruptcy proceedings, are detailed lists that outline all creditors to whom a debtor owes money. These schedules typically include the names, addresses, account numbers, and the amounts owed to each creditor. They serve to provide the bankruptcy court and creditors with a clear picture of the debtor's financial obligations, ensuring a transparent process for debt resolution. Accurate creditor schedules are critical for the successful administration of a bankruptcy case.
How do you add a creditor to a bankruptcy after you have filed?
Check with your bankruptcy lawyer.
If a bankruptcy was discharged on an account that was sold to another lender and the original creditor is marking it as a charge off should it be marked as bankruptcy by the original creditor?
Yes, this debt should have been marked as a bankruptcy by the original creditor. It cannot be changed from a bankruptcy to a discharge unless the bankruptcy did not go through.
Is it possible for a creditor to take your monthly salary after filing bankruptcy?
No, unless the creditor gets relief from stay or the bankruptcy is dismisssed.
What happens if a creditor is disputing a debt to be included in a chapter 13 is filed?
contact them and ask them why...if it's a credit card...or basically anything but student loans they have to accept the terms of the bankruptcy. get in touch with the lawyer who did your filings for your bankruptcy proceedings and they should get it taken care of.
What is a stipulation in bankruptcy?
It's basically an agreement between the debtor and creditor on how the debtor is to pay the creditor that arises when debtor has filed bankruptcy.
How can you prove that a judgment has been discharged in a bankruptcy?
The answer depends on the context. If you properly listed the debt in your bankruptcy, then the bankruptcy cour will have a proof of service showing that the creditor was notified of both the bankruptcy and the discharge. You can get those documents from the court's file and show them to the creditor or the creditor's attorney. If the creditor insists on attempting to collect the debt, you should retain an attonrey to reopen the bankruptcy and file a lawsuit called an adversary proceeding for damages and sanctions against the creditor and/or the creditor's attorney. One point that many people do not realize is that while a judgment can be discharged in bankruptcy, judgment LIENS are NOT discharged unless you file the proper motion with the bankruptcy court.
