Indiana Creditors - Post-Petition, Certificate of Service

State:
Indiana
Control #:
IN-SB-1019-1
Format:
PDF
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Description

Creditors - Post-Petition, Certificate of Service

Indiana Creditors — Post-Petition, Certificate of Service is a document that is used by creditors to receive notice of a debtor’s bankruptcy filing in the state of Indiana. This document is generally used to inform creditors of any proposed reorganization plan or discharge of debt in a bankruptcy case. It is important to note that creditors must be served with a Post-Petition Certificate of Service in order to be properly noticed of a bankruptcy filing in Indiana. There are two types of Post-Petition Certificates of Service: general and specific. A general Certificate of Service is used to inform all creditors of a bankruptcy filing, while a specific Certificate of Service is used to inform a single creditor or group of creditors. The document must be signed by the debtor or their attorney and should include the date of service, the name of the debtor, the bankruptcy case number, and the name and address of the creditor(s).

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FAQ

A written statement filed in a bankruptcy case setting forth a creditor's claim is called a proof of claim. A proof of claim should include a copy of any documentation giving rise to the claim as well as any evidence in support of the claim, such as evidence of secured status if the claim is secured.

Proof of Claim means a proof of Claim Filed against any of the Debtors in the Chapter 11 Cases. Proof of Interest means a proof of Interest Filed against any of the Debtors in the Chapter 11 Cases.

A case filed under chapter 11 of the United States Bankruptcy Code is frequently referred to as a "reorganization" bankruptcy. Usually, the debtor remains ?in possession,? has the powers and duties of a trustee, may continue to operate its business, and may, with court approval, borrow new money.

Providing Supporting Documentation A Proof of Claim must include any pertinent documentation, such as promissory notes, purchase orders, contracts, invoices, delivery receipts or security agreements. Other documentation might include monthly statements, pay records and ledgers.

The automatic stay provides a period of time in which all judgments, collection activities, foreclosures, and repossessions of property are suspended and may not be pursued by the creditors on any debt or claim that arose before the filing of the bankruptcy petition.

What Is a Proof of Claim? A proof of claim is an essential element in the bankruptcy process. It documents your right as a creditor to repayment from the debtor. A debtor's chapter 11 bankruptcy filing may significantly impact a creditor and can jeopardize its ability to handle its own financial responsibilities.

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Indiana Creditors - Post-Petition, Certificate of Service