One of the most common errors that occurs in a bankruptcy filing is forgetting to add a particular creditor. Typically, this is not an issue over which to lose sleep. However, it is important to notify your bankruptcy lawyer as soon as this omission comes to your attention. Generally, your bankruptcy lawyer will be able to file and amendment to add the creditor to your filing. However, there are certain situations where filing an amendment may not be available.
When the time comes to decide whether or not bankruptcy is the right choice for your situation, one of the first steps to take is to review your credit report. Your credit report will provide you with a list of all the creditors that are reporting to credit bureaus. This can be very handy when it comes to identifying missing creditors. Even if your bankruptcy case has been closed, you still may be able to remedy the situation. In the event that a creditor contacts you following the closing of your bankruptcy case, then you may just want to notify them that you have filed and provide them with the salient information about your case including dates and filing numbers. Typically, any debt that you incurred up to your filing date may be considered for discharge. There are some debts that are not may not be discharged under the bankruptcy code but may fall under a bankruptcy exemption.
One of the most commonly forgotten debts are those associated with medical treatment. If the medical treatment from which the debt arose were provided prior to your bankruptcy filing, that debt may still be dischargeagble. While you may still have to litigate these debts in front of a judge, typically, upon providing your bankruptcy filing documents, the creditor will likely not pursue the debt.
No matter where you are in the bankruptcy filing process, if it comes to your attention that you may have forgotten a creditor, your best option is to contact your bankruptcy attorney. Depending on your situation, you may want to contact another Michigan bankruptcy law firm. Either way, you don't want to assume that the debt has been taken care of without consulting with an experienced bankruptcy professional.
Speaking with a Michigan bankruptcy attorney will give you the peace of mind that you need in these difficult financial situations. Don't try to navigate your debt situation without professional help. Most of the time, the costs associated with not getting help outweigh the costs of consulting a professional. - 32519
When the time comes to decide whether or not bankruptcy is the right choice for your situation, one of the first steps to take is to review your credit report. Your credit report will provide you with a list of all the creditors that are reporting to credit bureaus. This can be very handy when it comes to identifying missing creditors. Even if your bankruptcy case has been closed, you still may be able to remedy the situation. In the event that a creditor contacts you following the closing of your bankruptcy case, then you may just want to notify them that you have filed and provide them with the salient information about your case including dates and filing numbers. Typically, any debt that you incurred up to your filing date may be considered for discharge. There are some debts that are not may not be discharged under the bankruptcy code but may fall under a bankruptcy exemption.
One of the most commonly forgotten debts are those associated with medical treatment. If the medical treatment from which the debt arose were provided prior to your bankruptcy filing, that debt may still be dischargeagble. While you may still have to litigate these debts in front of a judge, typically, upon providing your bankruptcy filing documents, the creditor will likely not pursue the debt.
No matter where you are in the bankruptcy filing process, if it comes to your attention that you may have forgotten a creditor, your best option is to contact your bankruptcy attorney. Depending on your situation, you may want to contact another Michigan bankruptcy law firm. Either way, you don't want to assume that the debt has been taken care of without consulting with an experienced bankruptcy professional.
Speaking with a Michigan bankruptcy attorney will give you the peace of mind that you need in these difficult financial situations. Don't try to navigate your debt situation without professional help. Most of the time, the costs associated with not getting help outweigh the costs of consulting a professional. - 32519
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Bankruptcy can be an effective means of eliminating debt. Often times, it is far more effective than debt consolidation or debt settlement/forgiveness. Debt consolidation relies on hopes that creditors will join in. If you are searching for a bankruptcy attorney in MI, get a free consultation with bankruptcy lawyers in MI near you.
