Bankruptcy Law Questions? Ask a Bankruptcy Lawyer Now.
I will be happy to assist you. Are saying that a person is filing bankruptcy and has listed you as a creditor that they owe money too? I am not sure I understand the entire situation.
OK. First, you are a creditor, so you have been listed as a person she owes money. She is doing this to prevent you from suing her in the future. In bankruptcy if you have a debt, list it and you are discharged from that debt, it just goes away. So she has put you on there to prevent you from collecting on the debt.
You have nothing to worry about personally, her bankruptcy will not affect your credit, and you will have no further dealings except to get paperwork. You will be notified when the bankruptcy is discharged. Do not retain an attorney, nor attend any other hearings. If you went to the 341 meeting of creditors, you really didn't need too. You should have no negative fallout from this, and it will not affect your taxes or anything else.
If you really just want this behind you, do not do anything else in regards XXXXX XXXXX bankruptcy and just read the notices as you get them. There is no need for an attorney. The good news is as a listed creditor if they find money to pay out, you would get some of it, pennies on the dollar, but some. This is a long shot though, as secured creditors get paid first. It is doubtful you will see any money.
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