What is post-petition on a Chapter 13 bankruptcy proceeding? The statement states that from x month to x month the account i...
Full Question:
What is post-petition on a Chapter 13 bankruptcy proceeding? The statement states that from x month to x month the account is currently post-petition due.
08/14/2007 |
Category: Bankruptcy |
State: Massachusetts |
#7942
Answer:
Post-petition refers to after a debtor has filed a bankruptcy petition. Post-petition payments are those payments due after you filed your petition. Proceeds due to a creditor after debtor’s bankruptcy filing that can be subject to relief from automatic stay if not paid timely by debtor.
