What Every Creditor Should Know About Filing Proofs of Claim in Bankruptcy Court

Bankruptcy is a legal proceeding designed to relieve debtors with relief from their creditors. A debtor is required to list all his assets, income and creditors. Most bankruptcies involve cases under Chapter 7 or Chapter 13 of the Bankruptcy Code. Unless a proof of claim is timely and properly filed an unsecured creditor will likely… Continue reading What Every Creditor Should Know About Filing Proofs of Claim in Bankruptcy Court

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