Do I Need To List All of My Creditors?
When it comes to filing for bankruptcy, many people wonder if they need to list all of their creditors. The short answer is yes; you must accurately list every creditor in your bankruptcy petition and schedules. This includes all credit cards, personal loans, store accounts, student loans and any other debt you may have accumulated over the years. Failing to list a creditor can result in denial of your discharge or even dismissal of your case by the court.
The purpose of listing all creditors is so that the court, trustee and anyone else involved in your case can track what assets are available for distribution among creditors and ensure that no one goes unpaid. When preparing for bankruptcy filing, it’s important to go through statements from each creditor and make sure every one is listed on the documents.
The Law Offices of Omar Zambrano has helped thousands of people and them businesses in the past to get out of debt and start over.
Our goal is to help you find a fresh start FAST!
Schedule your free consultation today! By Calling 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706