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In general, a bankruptcy claim can be subject to offset if the creditor has a right to set off their claim against a debt owed by the debtor. However, the specifics can vary based on the type of bankruptcy (Chapter 7, Chapter 11, etc.) and the jurisdiction's laws. It's essential to evaluate the nature of the claims and debts involved, as well as any applicable bankruptcy court rulings, to determine if offset is permissible. Consulting with a bankruptcy attorney is advisable for tailored legal advice.
What else can I help you with?
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.
Can you claim tax rebate in UK after being dissolved from bankruptcy?
Yes, in the UK, individuals who have been discharged from bankruptcy may be able to claim tax rebates if they overpaid taxes during their bankruptcy period. However, any tax refunds may be subject to the terms of the bankruptcy and may need to be directed to the bankruptcy estate. It’s important to consult with a tax advisor or insolvency practitioner to understand the specifics of your situation and the potential for claiming any rebates.
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.
How do you force a person who has filed bankruptcy and given up their interest in a property to sign a quit claim deed?
You need to contact the trustee in bankruptcy. The bankrupt hasn't "given up their interest" unless they have already executed a deed. Their interest may be subject to the bankruptcy proceeding.
Can you file a claim in a bankruptcy for repossession fees?
Sure
Can your wife claim bankruptcy with out affecting your credit?
She can, and yes it will
Can you claim bankruptcy for terminaly ill dad?
Yes.
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.
What happens if you have a workmens comp claim and the company files Chapter 7 bankruptcy?
Your claim is most likely covered by a WC insurance, either a prvate policy the employer had or one with the State. As such, your claim should be unaffected by the Bankruptcy.
What happens when a creditor doesn't file a proof of claim in a bankruptcy case?
If it is not a secured debt it will be included in the bankruptcy discharge.
Can I claim services not paid for by a company filing bankruptcy?
Yes
