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 Form Creditors 2013-2025

B6e 2013-2025 Form

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How to fill form b for operational creditors of nclt

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Instructions and help about creditors holding claims

hi my name is leor katz and i'm a bankruptcy attorney here in los angeles california and today i'm here to talk about creditors so in bankruptcy we normally have the debtor or the debtors who file a bankruptcy but we also have the creditors and the creditors are individuals or businesses who are owed money by the debtor once the debt of files a bankruptcy there is something called the automatic stay that comes about automatically and the creditor must stop all collection efforts against the debtor so in other words if they started a foreclosure they have to stop the foreclosure if they started a repossession of the vehicle of the debtor they have to stop that repossession all efforts to collect against the debtor must stop now that also includes lawsuits so if you are a creditor in a bankruptcy and you want to know what to do once a bankruptcy is filed you probably need to consult with an attorney since there is different chapters of bankruptcy there is a chapter 7 ther

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