The bankruptcy code requires that all individuals filing for bankruptcy list all of their creditors. It is a common misconception that a debtor may pick and choose which creditors to list. In order to get a discharge, a creditor must get notice of the bankruptcy filing. Many debtors are often worried about missing or forgetting a creditor in their bankruptcy filing.
Many debtors do not have a complete list. Life happens, debt gets overwhelming, it is often difficult to keep track of everything. Further, debts get sold, collection agencies take over, or bills may be sent to an old address. Your bankruptcy attorney can help make sure nothing gets missed.
Your bankruptcy attorney will help you pull a credit report. This will help get a full picture of any creditors that are reporting to the credit bureaus. Your bankruptcy attorney will also meet with you to review your list of creditors. Between the credit report and review of the list, the process is pretty thorough.
Sometime things still slip through. You may be wondering what happens if you forget to list a creditor. In most cases, creditors can still be added to a bankruptcy filing. Even after the case is filed. If you have realized that you have unintentionally missed a creditor, you should contact your bankruptcy attorney and inform them immediately. They will guide you on how to resolve the problem. If you are still receiving calls and letters one month after filing, it is important to reach out to your attorney to make sure something wasn’t missed.
CALL NOW FOR A FREE STRATEGY SESSION FROM AN MN BANKRUPTCY LAWYER AT LIFEBACK LAW FIRM
If you are dealing with an overwhelming debt problem, it is important to discuss your options with a bankruptcy attorney. If you have questions about bankruptcy and would like to do a free consultation to go over your options, visit www.lifebacklaw.com to speak with an attorney. You will be glad you did!
