Bankruptcy Creditor's and Debtor's Rights Bankruptcy Law resource page with links to various bankruptcy creditor and debtor related websites and treatises Internet Resources Legal Treatises Hieros Gamos Yahoo Cornell Law School Copyright copy Washburn University School of Law Library Last Modified Tuesday March

Bankruptcy in Brief a service of the Moran Law Group FAQ Creditors ask bankruptcy questions In a Chapter the is named on the notice of the first meeting of creditors which is sent to every listed creditor That information is also available in the case file at the bankruptcy court and over the phone in some districts In most 's there is no trustee the debtor assumes the duties of a trustee The United States Trustee is different from the case trustee UST's are employees of the Department of Justice and have oversight but not day to day operating responsibilities in bankruptcy cases about the selection and role of trustees The timetable on which the gets a determination of his right to a is not related to the administration of the case by the trustee The continues administering the assets of the case until the job is done assets sold claims are reviewed fees determined and the creditors paid to the extent there are assets according to the of the claim The debtor's discharge doesn't necessarily end the case nor keep the trustee from pursuing assets for the benefit of creditors Remember however that the vast majority of individual

Bankruptcy in Brief a service of the Moran Law Group Home Creditor rights Creditor's rights in bankruptcy All too often creditors get a bankruptcy notice and they assume they have neither rights nor alternatives with respect to their claim against the debtor Not so Creditors in bankruptcy are entitled to Share in any distribution from the according to the of their claim Most non wage claims come low in the priority scheme and may receive little or nothing Be heard by the court in matters concerning the debtor's plan the liquidation of the debtor's assets and payments from the assets of the estate Challenge an individual debtor's right to a or to As a creditor what should I do now? Cease any collection action including telephone calls billing or law suits that might be pending against the debtor The protects the debtor and his property from all forms of collection during the bankruptcy In Chapter the stay also protects co debtors on consumer debts File a claim with the court The notice of the bankruptcy sent by the court clerk tells you where to file a and the deadline for doing so Act promptly since deadlines are strictly enforced

raquo raquo Can I ask that certain bankruptcy creditors be paid first? QUESTION Is there a way to give one unsecured creditor priority over other unsecured creditors in a bankruptcy? ANSWER Creditors can get priority only if entitled to it by the letter of the bankruptcy laws Creditors who may be entitled to priority generally include people who are owed child support former employees who are owed wages and the taxing authorities Otherwise all creditors must share and share alike Learn more about

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