Remove Fillable Fileds in the Affidavit Of No Creditors

Aug 6th, 2022
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How to Remove Fillable Fileds in the Affidavit Of No Creditors

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hey everyone I hope you guys are doing well I wanted to actually answer a question that I got off of YouTube and I think it was a very very good question let me share this with the group I am putting together some packages and Im gonna put this on youtube so if youre watching me on YouTube like and subscribe to the channel like the video subscribe to the channel but a question was posed when can I should I use an affidavit for a collection because many of them when you say something is fraudulent is not my account they might come back give me a identity theft affidavit now heres my take on it Im right now doing a package for bankruptcy that is complete and ready and its gonna be a company with a video with a step-by-step process because its you know its something that youre going to need navigating and the public records and in those packages are going to be affidavits okay so to the bureaus youre gonna send affidavits to the courts youre gonna send an affidavit but in my pa

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Creditors Rights for Unsecured Claims As an unsecured creditor, you can file a proof of claim, attend the first meeting of creditors, and file objections to the discharge. You can review the bankruptcy papers that were filed to determine whether there are any inaccuracies.
Most Chapter 11 debtors receive a moratorium on the payment of most of their general unsecured debts for the period between the filing of the case and the confirmation of a plan. This period usually lasts for six to twelve months.
An unsecured creditor must first file a legal complaint in court and obtain a judgment before proceeding with collection through wage garnishment and other types of liquidated borrower-owned assets.
When a debtor fails to pay on an unsecured debt, the creditor cant directly take or repossess the debtors property since no property backs the loan. Instead, unsecured creditors have a couple of general options available to them: Try to collect the debts directly by contacting the debtor and demanding payment.
This is referred to as the absolute priority rule. This means that if a secured creditor receives favorable treatment in a Chapter 11 plan, general unsecured creditors would have to either be paid in full or receive nothing.
This chapter of the Bankruptcy Code provides for adjustment of debts of an individual with regular income. Chapter 13 allows a debtor to keep property and pay debts over time, usually three to five years.
An individual receives a discharge for most of his or her debts in a chapter 7 bankruptcy case. A creditor may no longer initiate or continue any legal or other action against the debtor to collect a discharged debt. But not all of an individuals debts are discharged in chapter 7.
Local Rule 1009-1(a) requires that, whenever lists, schedules or statements are amended, an affidavit must be filed which sets forth the changes (additions, deletions, corrections) which have been made. In re. Name(s) of debtor(s) as it/they appear on the petition.

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