The Kentucky Notice of Chapter 7 Bankruptcy Case — No Proof of Claim Deadline (For Individuals or Joint Debtors) is a document issued by the United States Bankruptcy Court for the Eastern District of Kentucky. It informs creditors of an individual or joint debtors that a Chapter 7 bankruptcy case has been filed, and that they have no claim deadline for filing a proof of claim. This document is intended to inform creditors of the debtor's filing, and to provide instructions on how to proceed with the bankruptcy process. The notice includes the name of the debtor, the Chapter 7 Trustee assigned to the case, and the mailing address of the Chapter 7 Trustee. The Notice also includes information about filing a proof of claim, including the deadline for filing, and the applicable forms needed to do so. Additionally, it provides instructions on how to obtain a copy of the debtor’s bankruptcy petition and schedules, and how creditors can obtain more information about the bankruptcy case. The Kentucky Notice of Chapter 7 Bankruptcy Case — No Proof of Claim Deadline (For Individuals or Joint Debtors) is issued for both individual and joint debtors who have filed for bankruptcy. There are two types of notices issued by the court in this situation; one for individual debtors and one for joint debtors. The notice for individual debtors includes the debtor’s name, Social Security number, and the mailing address of the Chapter 7 Trustee. The notice for joint debtors includes the names of both debtors, their Social Security numbers, and the mailing address of the Chapter 7 Trustee.
Kentucky Notice of Chapter 7 Bankruptcy Case - No Proof of Claim Deadline (For Individuals or Joint Debtors)
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Official Form 309C (For Corporations or Partnerships) Notice of Chapter 7 Bankruptcy Case - No Proof of Claim Deadline. Official Form 309C (For Corporations or Partnerships)
If you receive this notice, it means one of three things: The address you provided for the creditor in your bankruptcy paperwork was incorrect, The court sent you notice of your own bankruptcy via this form, or. Someone who owes you money filed bankruptcy.
The bankruptcy trustee will typically be entitled to claim any non-exempt portion of the settlement and distribute it to creditors.
It represents a formal order from the bankruptcy judge that all debts which can be eliminated or adjusted have been so modified. This order is binding on all state and federal courts and if a creditor attempts to collect on a discharged debt, you can sue that creditor for damages in a contempt proceeding.
A proof of claim is a form used by the creditor to indicate the amount of the debt owed by the debtor on the date of the bankruptcy filing. The creditor must file the form with the clerk of the same bankruptcy court in which the bankruptcy case was filed.
If you receive this notice, it means one of three things: The address you provided for the creditor in your bankruptcy paperwork was incorrect, The court sent you notice of your own bankruptcy via this form, or. Someone who owes you money filed bankruptcy.
Government entities have 180 days after the petition filing date to file a proof of claim. If a creditor doesn't file a proof of claim, it can't get paid through your bankruptcy. In a no-asset Chapter 7 case, creditors won't file proof of claim forms because there won't be any assets to distribute.
The Stay Has Been Lifted ? Now What? Once a creditor gets a court order lifting the automatic stay, they are allowed to move forward with foreclosure or repossession of the property that secures the debt. That said, the creditor still needs to follow state law for their collection or eviction proceedings.