Bankruptcy Law Questions? Ask a Bankruptcy Lawyer Now.
Hi - my name is XXXXX XXXXX I'm a Bankruptcy attorney here to assist you.
Creditors rarely show up for the Creditors Meeting, as in most cases there is no reason for them to do so.
OK, this is my first time dealing with a bankruptcy so I have no idea what I need to do
If there is an any money available to pay creditors, you will be notified.
Do i need to file anything with the bankruptcy court?
Unfortunately, in most Chapter 7 cases there is no money paid to creditors.
That is what i was afraid of
Also, I assume the $ she owes me will be low on the priority list to pay back...
Basically, I just need to know if there is anything I should be doing, or do I just need to wait for the court to determine if there is any money to be paid??
It looks like there was a temporary problem with the website.
Do you have any further questions?
Basically, I just need to know if there is any action I should be taking, or if I just need to wait for the court to determine if any money is available to be paid??
I think we are having a connection problem...
Thank you for your patience.
There is nothing for you to do now.
If the Bankruptcy trustee determines there is any money to distribute to creditors, you will then be notified.
You will be told to submit a Proof of Claim form, which is usually sent with the notification. (If not, you can easily download one.)
If you are not notified to submit a Proof of Claim form, then there will be nothing that you have to do.
(Not being notified to submit a Proof of Claim form also means there will be no money available.)
Great, thank you for you time. You have been very helpful and I will rate accordingly.
And thank you again for your patience!