Chicago Bankruptcy Lawyer

Created/changed by: ChicagochicagobankrupBankruptcy1

Address details

177 W Washington Street, Chicago, IL 60606

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Coordinates

N41° 52' 58.66176" W87° 38' 0.47832"   (41.8829616, -87.6334662) Start navigation »

Phone & WWW

6308399058
http://www.jmhlegalgroup.com

Business hours

Mon-Fri 9 a.m - 7 pm
Sat 9 a.m - 3 p.m

Info

Creditors who are subjected to a bankruptcy case are entitled to their share (according to their due priority) of any distribution that may exist. Further, creditors are entitled to have their day in court, and are allowed to object to the debtor’s plan of reorganization in Chapter 13, 11, 12, and 13, and creditors can object to discharge of debt in Chapter 7 and even have their debt deemed nondischargeable in Chapter 7 in certain circumstances.





So, what should a creditor know when they are served with a notice of bankruptcy filing? Initially, cease all telephone calls, billings or law suits that may be pending against the debtor, such actions could be violations of the automatic stay, and subject a creditor to sanctions for actual damages, punitive damages, and even attorneys’ fees of the debtor. After ceasing such conduct, we recommend seeking the advice of an attorney for your particular needs. However, generally, a creditor has the right to file a proof of claim (here is a link to the Northern District

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