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Creditors must file Proofs of Claim by certain time limits called ?bar dates.? Governmental creditors have 180 days from the date the Petition was filed and all other creditors have only 70 days to file their Proofs of Claim.
The deadline to file a proof of claim against a debtor in bankruptcy. The debtor must serve all known creditors with notice of the bar date. From the creditor's perspective, the bar date is one of the most critical dates in the bankruptcy case.
If a secured creditor fails to file proof of claim, then you will not make any payments toward what you owe on your house or car during your repayment plan. At the end of the bankruptcy process, to keep the collateral, you will still owe the full amount of these secured debts. Plus, you may owe interest and other fees.
Examples: Goods sold, money loaned, lease, services performed, personal injury or wrongful death, or credit card. Attach redacted copies of any documents supporting the claim required by Bankruptcy Rule 3001(c).
Bar Dates means the date(s), if any, designated by the Bankruptcy Court as the last date(s) for filing Proofs of Claims or Interest against the Debtor, or otherwise asserting any Claim against the Debtor, or, in the absence of such designation, as shall be applicable under the Bankruptcy Rules.
Governmental Bar Date means the date established pursuant to the Bar Date Order by which Proofs of Claim of Governmental Units must be Filed.