Docket the Objection to Claim [Bankruptcy > Claim Actions > Objection to Claim] as follows: • Click Bankruptcy • Click Claim Actions • Enter Case Number • Click Next • Verify case information and click Next • Select Objection to Claim
Full Answer
Can a chapter 7 trustee pay creditors?
This means that the chapter 7 trustee may be able to pay creditors’ claims in full, or in large part, with much less money than was originally expected. Now an offer from your lawyer to settle the trustee’s objection to your exemptions may be made with much less money from you, while still paying a large pro-rata portion of the filed claims.
Can creditors sleep after filing bankruptcy?
Incredible as it may sound, it is typical for creditors to fall asleep once they receive the intial court notice of your bankruptcy filing. Subsequent notices, such as a notice to file claims, will invariably be ignored by up to one-half of the creditors. This means that the chapter 7 trustee may be able to pay creditors’ claims in full, or in large part, with much less money than was originally expected. Now an offer from your lawyer to settle the trustee’s objection to your exemptions may be made with much less money from you, while still paying a large pro-rata portion of the filed claims.
What does the screen on a response to objection to claim mean?
The screen verifies that the Response to Objection to Claim has been uploaded and filed.
What is step 10 in docket?
STEP 10 The selected portion of the docket is displayed. (See Figure 10.)
What happens if you extend time in court?
If the Motion to Extend Time is granted, the Court will always grant the maximum amount of time allowable, even if less time was requested in the Motion.
How to file for an extension of time?
Motion to Extend Time to File Initial Documents (Schedules, Plan, Pay Advices, Etc.) 1 The U.S. Trustee and interim trustee are deemed to have no objection to any request for extension of time to file original schedules or other documents due at the time of Bankruptcy filing if that request seeks an extension of no more than 30 days after commencement of the Bankruptcy proceeding. 2 If the new date for filing documents is extended beyond the deadline in 11 U.S.C. 704 (b) (1), then the Debtor is deemed to have waived any objection to the timeliness of a notice of presumed abuse which is filed no later than fourteen days after the missing documents are filed or after the meeting of creditors has been concluded, whichever is later. 3 If the Motion to Extend Time is granted, the Court will always grant the maximum amount of time allowable, even if less time was requested in the Motion. 4 This event should not be used to seek an extension of time to file Chapter 11 or Chapter 12 plans, since these are not considered 'initial documents'.
Is the prefix text option available in Step 5?
Note: The prefix text option is not available if you indicated in Step 5 that the Motion you are filing is amended.