How are creditors notified that I have filed bankruptcy?
Full Question:
How are creditors notified that I have filed bankruptcy?
01/05/2007 |
Category: Bankruptcy |
State: Alabama |
#191
Answer:
After a debtor has filed for bankruptcy protection, creditors are notified of the filing and the existence of the automatic stay by the bankruptcy court. Creditors will be given information regarding the 341 meeting, as well as deadlines for filing proofs of claim.
The hearing is not presided over by a judge but an administrator. Creditors will be allowed to ask a few questions but more detailed interrogations are not permitted and must be reserved for discovery or a hearing presided over by a judge.
