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What else can I help you with?
Do you need to include account numbers for both the collection agency and the original creditor on your bankruptcy form?
Include the original account number if you are including the original creditor. Include the account number for the collection agency if you do not have the orignal creditor information and are including them as "Care Of" for service.
Can an old creditor ask for money if you did not include them in a Bankruptcy?
Yes. If they were not included then the bankruptcy doesn't apply to any debt owed to them.
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.
If you are a landholder on a home and the person files bankruptcy will they be able to include the debt they owe you into the bankruptcy?
They can include it, but the creditor/landholder can file a relief of stay to have the debt excluded from being discharged in the bankruptcy. The decision of what debts are to be discharged are determined by state and/or federal law and the bankruptcy judge.
Does the collector have to chase down the bankruptcy lawyer or is it the debtor's responsibility to include creditor on bankruptcy?
You MUST provide contact info to anyone perhaps effected by your BK...absolutely
Does a personal chapter 7 bankruptcy cover a corporation personal guarantee?
Yes, if you include the guarantee you made to the creditor in the bk.
If you are an additional card holder on a parent's credit card account and you file bankruptcy will the bankruptcy appear on their credit?
The bankruptcy will appear on their credit if you include this card in your bankruptcy. If you leave the card off the bankruptcy, it will not effect their credit.
How much will an attorney usually charge to reopen a discharged bankruptcy case to add a creditor that had been forgotten?
$300 include filing fee and attorney fee
What is the consequence to the debtor if you are an unnamed creditor in a Chapter 7 and should be?
Any creditor not included in a bankruptcy discharge retains the right to continue attempting to collect a debt. That would include using legal remedy in the form of a lawsuit against the debtor.
If I file bankruptcy can I add my mother's creditor with my bankruptcy?
Just because she is your mother, it does not mean that you are automatically liable for her debts. When you file for bankruptcy, you can include only those debts which you are liable either personally or as a co-signor or joint debts. If you are not a co-signor and you include your mother debt in your bankruptcy, you will be committing fraud and your petition will be dismissed. Once a bankruptcy petition is dismissed for fraud, there may be restrictions on future filings. Your mother will continue to be liable for the debt. If she is unable to pay the debt, she can file for bankruptcy to discharge the debt. For an official opinion, it is advised you seek legal counsel.
What if you forgot to include a checking account information on your bankruptcy case?
"Forgot"? The forms or your lawyer asked for all bank or other financial accounts. If the balance in your account was close to zero at the time of filing, you may not need to worry, but if there was a significant balance, you should amend your Schedule B to include it. Check with your lawyer or get a bankruptcy lawyer.
What resources are out there to help get people out of debt?
There are several resources to help get people out of debt. Some of these include: talking to a credit counsellor, creating a consumer proposal with one's creditor, and filing for a personal bankruptcy.
