Sunday, February 21, 2010

What If I Forgot To List A Creditor In My Bankruptcy Petition?

As part of supplying the necessary documents to your bankruptcy attorney in Atlanta before your case is filed, you will be asked to get a copy of your credit reports.  (We always suggest that you try to obtain free credit reports from http://www.annualcreditreport.com/)  You have an obligation to the Bankruptcy Court to disclose all of your debts in your petition, regardless of whether you want to continue to pay a debt after filing (ex: house or car payment).

It is crucial to critic your credit reports for accuracy before supplying them to your bankruptcy attorney.  Did you know that each credit report may not list same debts?  The reason is because a creditor pays a credit reporting agency (Equifax, Experian, Transunion) to list a debt on the report.  Every creditor may not pay each reporting agency to list a debt.

If one of your creditors slips through the crack, and is not disclosed in your petition you can add that debt to your petition provided that the debt was incurred before your case was filed with the Bankruptcy Court.  As you can expect, the Court charges a fee to add the creditor, and your bankruptcy attorney in Atlanta will also likely charge a fee.  Therefore, it is in your best interest to ensure all your debts are disclosed in the petition before it is filed with the Bankruptcy Court.

Please give me a call if you would like to schedule a FREE consultation (404) 680-7010.

Van Wieren Law Firm, LLC - your Atlanta bankruptcy attorney.
http://www.metroatlantabankruptcy.com/

5 comments:

  1. Very good article, and very informative.keep it up.

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  2. Yeah that's right I agree with you it seems a big help to those people who are new for these matter. Nice article also that can give us a lot of information regarding on what should we do when we are facing the bankruptcy situation.Nice one, keep it up.

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  3. If you are tired of ducking bill collectors, throwing your mail in the garbage unread and hoping your problems will just go away it may be time to talk to a bankruptcy lawyer.

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  4. Some times we forget to add our creditor and we don't know how to manage things after this mistake. Your post is quite helpful in this scenario.

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  5. Hi, Bankruptcy attorney fees and seeking support from your family members. Raising money from friends is also an option of raising fee. In addition, it is possible for you to attain a waiver for filling charges that will go a long way in cutting down the amount you may be required to pay up front for the legal service and thus lowering your total fee.

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