![What should a bankruptcy debtor do if a creditor does demand payment of a debt that is listed in the bankruptcy schedules ?]()
by John Rogers | Sep 5, 2013 | Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Consumer Alerts, Consumer Bankruptcy Attorney
If a creditor who is listed in the debtor’s schedules attempts in any way to collect a scheduled debt, the debtor should inform the creditor that a bankruptcy case has been filed and request that the creditor stop the collection efforts. If the debtor is represented...
by John Rogers | Aug 30, 2013 | Chapter 7 Bankruptcy, Consumer Alerts, Consumer Bankruptcy Attorney
Whenever any bankruptcy case is filed, the creditors are usually stopped from taking action to collect the debts that were owed at the time of the bankruptcy. This feature of bankruptcy is called the “automatic stay.” The automatic stay, if it applies,...
![What should a bankruptcy debtor do if a creditor does demand payment of a debt that is listed in the bankruptcy schedules ?]()
by John Rogers | Aug 19, 2013 | Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Consumer Bankruptcy Attorney
The discharge in a Chapter 7 case only covers the debts that were incurred before the case was filed. The bills that a debtor incurs after the case is filed are not discharged. The hope is that, after their old debts are canceled by the discharge, debtors will be able...
![What should a bankruptcy debtor do if a creditor does demand payment of a debt that is listed in the bankruptcy schedules ?]()
by John Rogers | Aug 16, 2013 | Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Consumer Bankruptcy Attorney
Debtors in Chapter 7 are required to give up “nonexempt” property that they own at the time of the filing; they are allowed to keep both “exempt” property that they own at the time of filing and any property that they receive a right to own...
![What should a bankruptcy debtor do if a creditor does demand payment of a debt that is listed in the bankruptcy schedules ?]()
by John Rogers | Aug 12, 2013 | Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Consumer Alerts
As soon as a debtor realizes that a creditor has been omitted, the debtor should notify his or her attorney with all of the information necessary to complete the schedule (the amount of the debt, the type and value of any collateral, and the name and address of the...
![What should a bankruptcy debtor do if a creditor does demand payment of a debt that is listed in the bankruptcy schedules ?]()
by John Rogers | Aug 9, 2013 | Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Consumer Alerts
No. Liens can be placed on a debtor’s property in many different ways. Some are by agreements, like mortgages and auto liens. Others are by operation of the law, like property tax liens on a debtor’s home. And some liens are to enforce judgments that have been entered...
