How to Combat a Creditor When Filing for Bankruptcy?

Answer Title 11 of the U.S. Code allows individual debtors to file for bankruptcy at any time. Debtors who do not have much to lose can file for chapter 7 bankruptcy. In a chapter 7 case the bankruptcy co... Read More »

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Can Filing Bankruptcy Prevent a Creditor From Filing a Mechanic's Lien?

A significant benefit of a bankruptcy filing is the automatic stay. The automatic stay is a court injunction that automatically prevents the filing of any liens and lawsuits once the bankruptcy cas... Read More »

How do I add a creditor in bankruptcy?

Visit your local bankruptcy court immediately if you realize you forgot to list a creditor in your case. If you hired an attorney to represent your financial interests, call him and advise him of y... Read More »

What happens after a bankruptcy creditor's meeting?

The creditor's meeting takes place about 30 days after you file bankruptcy. You are examined under oath by your bankruptcy trustee. After the creditor's meeting there are a few remaining steps to t... Read More »

How does a creditor get reimbursed during bankruptcy?

To get reimbursed during a chapter 13 bankruptcy a creditor needs to file a proof of claim to establish that they have an interest. Claims are paid to creditors with priority claims first. Certain... Read More »