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Claims

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  • Claims

    I was looking at my claims register this morning and only a few creditors (beside the state tax agency and the IRS) have filed a claim. 3 out of 25 to be exact. My case is only a little more than a month old, so they still have a lot of time. I guess I just expected more claims to have been filed by now. Is this typical? Do only a few end up filing claims mostly?

  • #2
    i was wondering about this as well. Interested to know other's experience. I can't figure out why they wouldn't put in a claim? Also, how long do they have to put in a claim?

    Comment


    • #3
      Hi, it is not uncommon for claims to be filed until the last day possible. In my case, I was lucky, everyone filed except Chase. It reduced our liability by 20,000. I'm still shocked to this day.
      Good luck. It does happen, that not everyone files a claim, but don't count on it as a given.
      Filed Chapter 13 - 07/20/12
      Discharged 8/2/16

      Comment


      • #4
        Thanks sophieanne! I figured they would all get around to filing. That's odd that Chase didn't file for a claim that big!

        Comment


        • #5
          jhy12, I filed on 7/8 and had my 341 on 8/15, Pacer shows the deadline for claims is all the way to 11/14 - so they have a lot of time.

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          • #6
            Claims are filed intermittently up to the bar date to my observation . Part of the reason (I think) is that your creditors are selling your unsecured debts to the debt buyers and it takes a little time to process those transactions. Like Sophieanne, Chase was my biggest claimholder and did not file a claim and I too am shocked, shocked! The only other unsecured who did not file a claim on my petition was BOA.

            I also wonder if the unsecureds are monitoring the cases to see if others file claims, to determine if the payout is on the 13 plan is worth the trouble.

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            • #7
              We filed on 7/20/2016 and our 341 meeting is in a week and I was wondering the same thing. I'm checking the 13Network site daily watching for when my employer payment is going to be entered and to see who has filed a claim. I was under the impression that the claims had to be filed before the 341 meeting.

              After reading this thread, I went back to the original notice and saw that the filing deadline is 11/28/2016. So far we have only had 3 out of 16 listed creditors file a claim.

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              • #8
                Is that different if it's a no-asset case? The only thing I wasn't able to exempt was some small-claims judgments that I had purchased which were valued at about $3100.00. They, however, would only net around $1600 as the y are "future-pay" or the creditor gets a % of what I collect.

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                • #9
                  Sroe, this thread is about a Chapter 13. All Chapter 13s are assets cases. If a Chap 7 is a no-asset case, no claims are ever filed because there is nothing to distribute to creditors.
                  LadyInTheRed is in the black!
                  Filed Chap 13 April 2010. Discharged May 2015.
                  $143,000 in debt discharged for $36,500, including attorneys fees. Money well spent!

                  Comment


                  • #10
                    My sincerest apologies!

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                    • #11
                      No problem. It happens.
                      LadyInTheRed is in the black!
                      Filed Chap 13 April 2010. Discharged May 2015.
                      $143,000 in debt discharged for $36,500, including attorneys fees. Money well spent!

                      Comment


                      • #12
                        Originally posted by BrokeInPgh View Post
                        We filed on 7/20/2016 and our 341 meeting is in a week and I was wondering the same thing. I'm checking the 13Network site daily watching for when my employer payment is going to be entered and to see who has filed a claim. I was under the impression that the claims had to be filed before the 341 meeting.

                        After reading this thread, I went back to the original notice and saw that the filing deadline is 11/28/2016. So far we have only had 3 out of 16 listed creditors file a claim.
                        Hi BrokInPgh, I have a question. I am new to this. I had my 341 creditors meeting in Lisle, IL almost 3 weeks ago and praying everyday my payment plan is approved. I pay my trustee through Tfs payment website and I use the NDC website to see who is being paid but as yet nothing there, maybe its to early. You mentioned the 13Network. What is that and can I use it in IL.? I would be a big help to see what is going on. I ask my lawyer but get watered down genirc answers that I feel worse after reading them becuase they are so empty. I appreciate any help you can give. I am just so nervous that my payment plan/confirmation that I am waiting on will be denied for some reason. Thank you

                        James S

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                        • lvmilizia
                          lvmilizia commented
                          Editing a comment
                          You won't see any payments go out to creditors until your plan is confirmed. Just keep making your payments, I am sure you plan will be confirmed, it's just a waiting game it drives you crazy.

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