What information do I need from my creditors to file bankruptcy?
rose asked:
I know that I need the names and addresses of my creditors. Do I need to know the exact amount that they claim I owe? Do I need to know the account numbers? Do I need to know the names and addresses of all of the collection agencies involved? If I can not obtian the names of the collection agencies, but the original creditor is included in the bankruptcy, does that wipe out the debt completely or do the collection agencies still have a right to persue? I can provide the names, addresses, and account numbers, but I do not know the exact amounts that I owe. I also do not have any information on the collection agencies. If I need this information, what is the best way to go about getting it? I considered writing letters, but I was advised not to alert my creditors of my intention to file as they might increase their efforts to collect. Please help
I know that I need the names and addresses of my creditors. Do I need to know the exact amount that they claim I owe? Do I need to know the account numbers? Do I need to know the names and addresses of all of the collection agencies involved? If I can not obtian the names of the collection agencies, but the original creditor is included in the bankruptcy, does that wipe out the debt completely or do the collection agencies still have a right to persue? I can provide the names, addresses, and account numbers, but I do not know the exact amounts that I owe. I also do not have any information on the collection agencies. If I need this information, what is the best way to go about getting it? I considered writing letters, but I was advised not to alert my creditors of my intention to file as they might increase their efforts to collect. Please help
Thats why you keep a folder of all the bills you owe
or are late on
so when you do file you can list them all
by name account number amount owed
every bill even bills sent by collection agents for the same
bill from the original company
as your lawyer will send letters to all of them
to stop collection actions against you
you will need bank statements
and tax returns as well
info on the cars you own
as well as property land and homes you own
jewelry too
loans credit cards
stocks bonds
you must show it all
look up information and addresses
you don’t know online
find the old bills old statements
have statements and bills sent to you
even from the collections people
do a credit report get the addresses and names
and amounts
Simple EASY
Comment by Terrence B Knows — November 28, 2009 @ 1:29 am
You can get most of the information you need from your credit report. Account numbers, addresses, and amounts owed can be found on your credit report. It is basically irrevelvant if you have the amount owed exactly correct. If you are filing Chapter 7, it basically doesn’t matter (there is no distribution of assets in most individual consumer filings). If you are filing Chapter 13, the creditors will be submiting Proof of Claims that state exactly what is owed.
You are entitled to one free credit report from each agency per year. annualcreditreport.com
Sometimes collection agencies do report, but not all do, so it is great if you have some bills from those collectors. However, as long as the original creditor is listed, collection agencies will NOT have the right to pursue that same debt.
It is also important to remember that if you have medical bills; local, small companies; or individuals you are indebted to, they will not usually be found on your credit report. You’ll have to rely on your bills for those.
You may want to head to your county clerks office and check to see if you have any judgments pending against you.
All of these steps should ensure that you will compile a complete and correct listing of creditors.
Good Luck.
Comment by strangefire2004 — November 28, 2009 @ 2:04 am