The Mississippi Notice of Objection to Claim (effective 12/1/2017) is a legal document used by creditors to challenge the validity of a debt owed by a debtor. It is typically used when a debtor is attempting to discharge the debt in bankruptcy. This document is also sometimes referred to as a "Proof of Claim Objection" or a "Claim Objection". The Notice of Objection must be filed within sixty (60) days of the date the creditor receives the Debtor's Bankruptcy Petition. The Mississippi Notice of Objection to Claim (effective 12/1/2017) includes the following information: 1. The name and address of the creditor 2. The name and address of the debtor 3. The amount of the debt in dispute 4. The reason for the objection 5. The deadline for the debtor to respond There are two types of Mississippi Notice of Objection to Claim (effective 12/1/2017): 1) Objection to Claim for Liquidated Debt and 2) Objection to Claim for Unliquidated Debt. The Objection to Claim for Liquidated Debt is used for debts that are known, certain, and can be calculated. The Objection to Claim for Unliquidated Debt is used for debts that are uncertain or where the amount in dispute is not known.
Mississippi Notice of Objection to Claim(effective 12/1/2017)
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FAQ
Objections must be filed within 21 days after the conclusion of the 341 meeting. Plan can be confirmed without further notice or hearing absent timely objections.
Objections must be filed within 21 days after the conclusion of the 341 meeting. Plan can be confirmed without further notice or hearing absent timely objections.
An objection to the confirmation of a chapter 13 plan shall be made by motion setting forth the facts and legal arguments that give rise to the objection in sufficient detail to allow the debtor to file a reply or an amended plan that addresses the objection.
The trustee might object because they believe you do not have enough income to fund your bankruptcy plan. This is known as a feasability objection and it might require you to make payments for several months before the trustee is satisfied you can handle the payment in the case.
Possible objections to Chapter 13 bankruptcy plans Lack of good faith ? Creditors are entitled to receive at least as much in a Chapter 13 as they would if the debtor had filed a Chapter 7 liquidation.Inaccurate listing of debt ? The plan must list the debtor's full amount of unsecured debt.
Unlike chapter 7, creditors do not have standing to object to the discharge of a chapter 12 or chapter 13 debtor. Creditors can object to confirmation of the repayment plan, but cannot object to the discharge if the debtor has completed making plan payments.