Kentucky Format for Creditor Matrix

State:
Kentucky
Control #:
KY-SKU-0222
Format:
PDF
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Description

Format for Creditor Matrix

The Kentucky Format for Creditor Matrix is a form used by courts in the state of Kentucky to provide a comprehensive list of the creditors and their respective claims in a bankruptcy case. There are three types of Kentucky Format for Creditor Matrix: Short Form, Summary Form, and Detailed Form. The Short Form consists of basic creditor information such as name, address, claim amount, and claim classification. The Summary Form includes additional information such as the date of the claim, the name of the creditor’s attorney, and the name of the creditor’s surety, if any. The Detailed Form includes all the information of the Short Form as well as the type of debt, the date of the claim, and the date of the claim’s filing. All three forms must be filed with the court before the court can enter an order of discharge.

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FAQ

A creditor can be a person or financial institution?like a bank or credit card issuer?that offers credit to another party. The party that borrows the credit is called a debtor. Creditors may choose to report a debtor's account activity?like payment history, credit limits and balances?to credit reporting agencies.

A mailing matrix, sometimes called a "mailing list" or "matrix," is a list of the names and mailing address of creditors and parties in interest in a bankruptcy case. Each mailing matrix is processed into Case Management/Electronic Case Files (CM/ECF) by software that reads and interprets the text on each page.

A mailing matrix, sometimes called a "mailing list" or "matrix," is a list of the names and mailing address of creditors and parties in interest in a bankruptcy case.

The Chapter 7 Discharge. A discharge releases individual debtors from personal liability for most debts and prevents the creditors owed those debts from taking any collection actions against the debtor.

Pre-petition debt is the debt that we are expecting to be discharged as part of your bankruptcy case. This can include everything from credit card and medical debt, personal and payday loans, to foreclosure and repossession deficiencies.

A creditor matrix contains each creditor's name and mailing address. This information is used for noticing and claims information. The debtor is required to provide a list of ALL creditors.

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Kentucky Format for Creditor Matrix