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How quick do creditors find out about your BK petition?

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    How quick do creditors find out about your BK petition?

    Good afternoon folks, thanks for all of your help.
    I have a question. How soon after you file you bankruptcy petition do the creditors find out about you filing? Do they get notice in the mail or electronically?
    Thanks for your great help.

    Also, how do I know for sure that each creditor even got or acknowldged the notice sent to them?

    #2
    Most of it is done electronically, especially with the big banks.. It really doesn't take long at all for them to find out, unless it is a small collections office and receives the filings by mail.
    "Try to save money. Someday it may be valuable again." - Anonymous

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      #3
      You'll know they got notified if those phone calls/bills/letters stopped. Mine stopped IMMEDIATELY upon filing. All of them.
      Filed Ch. 7 June 14, 2007
      341 Meeting July 19, 2007
      Discharged September 17, 2007
      Closed September 17, 2007

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        #4
        Many creditors subscribe to this database.



        I filed on a Sat. and by Monday evening, all callls had stopped.

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          #5
          The Large Creditors find out fairly quickly...smaller ones could take a week.

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