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Fill in Official Form 16a Bankruptcy

Fill in Official Form 16a Bankruptcy

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Instructions and help about Fill In Official Form 16a Bankruptcy

[Music] [Music] this video produced for the United States Bankruptcy Court for the District of New Mexico provides general information to creditors about filling out and filing a proof of claim form with the court a proof of claim is a written statement and any supporting documentation which describes the reason the debtor owes the creditor money the claim must be filed using official form for10 a creditor is the person or business that claims the debtor owes money or some other asset the debtor is the person or business who has filed for relief under bankruptcy laws and is the person or business who owes a debt to the creditor an asset is property belonging to the debtor that can be sold by the trustee to pay creditors only non-exempt property can be considered an asset in a bankruptcy case the term exempt or exemption refers to the property belonging to the debtor that the Bankruptcy Code or applicable state law allows the debtor to keep away from unsecured creditors examples include

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