New York Sample Letter for Bankruptcy Mailing Matrix

State:
Multi-State
Control #:
US-0372LTR
Format:
Word; 
Rich Text
Instant download

Description

This form is a sample letter in Word format covering the subject matter of the title of the form.

How to fill out Sample Letter For Bankruptcy Mailing Matrix?

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FAQ

The discharge releases the debtor from all debts provided for by the plan or disallowed (under section 502), with limited exceptions. Creditors provided for in full or in part under the chapter 13 plan may no longer initiate or continue any legal or other action against the debtor to collect the discharged obligations.

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.

Secured creditors like banks are going to get paid first. This is because their credit is secured by assets?typically ones that your business controls. Your plan and the courts may consider how integral the assets are that secure your loans to determine which secured creditors get paid first though.

Key Elements to Include in the Letter It should include the name and contact information of the debtor, the date of the filing, the court where the bankruptcy was filed, the case number, and the type of bankruptcy filed. It should also provide information about the bankruptcy trustee and the meeting of creditors.

How to Create a Creditor Matrix You must type lists in a single column on the page. Letters or characters cannot be closer than 1" from any edge of the page. Each name and address must consist of no more than five lines. ... List creditor first names first, last names last, without titles (Mr., Mrs., Ms., etc.).

You can prepare a List of Creditors by creating one using a computer and word?processing software. After completing the List of Creditors, you then submit the List of Creditors to the Court as a . txt file on electronic media (such as a CD, DVD, or flash / thumb drive).

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.

It will be discharged in the bankruptcy. To keep the property, you will usually have to either keep the debt and pay off the loan or pay the lender the actual value of the property.

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New York Sample Letter for Bankruptcy Mailing Matrix