What is the date of bankruptcy ...

In bankruptcy proceedings, the bar date, the deadline for individuals or companies to claim they are owed money by a debtor. ... .The purpose of a bar is the time to ensure that bankruptcy is moving smoothly, and it is not overwhelmed by "surprise" of the creditors, who claim they are owed money. ... .What is a claim? .. Time.I file for your claim in bankruptcy is eligible for payment. ... .Professor of Law at retirement Jack Ayer, wrote in Bankruptcy Overview: Issues, Law and Policy, notes that applications include hospital bills and contingent liabilities that may be committed at a time later.. ... .A person in bankruptcy may have hit a pedestrian with a car. ... .This person always has a complaint against him, regardless of whether the pedestrian zone has filed a complaint. ... .Applications may be subject to appeal, in which the debtor and the creditor agree on NumbersBankruptcy amount.Prime can be a complex process law.There are several chapters of the Bankruptcy Code be. ... .Chapter 7 is a liquidation of the assets of an individual debtor. ... .The debtor is what he has (with the exception of certain exempt assets, as most of life) in exchange for a release of claims. ... .Chapter 11 is a company reorganized management and pay creditors and lenders a portion of what by and try to stay in business. ... .Chapter 13 bankruptcy the debtor a regular source of revenue in writing a budget and pays some or all debts, the surplus of the budget. ... .The debt is five days after date chapter years.Chapter Bar 11 Bar 11 by the size and complexity of case.In Chapter 11, the judge intended to monitor the case raises the bar when the size of the debt and is based unloaded. The complexity of the .case .. ... .In a chapter 11 case the debtor must file a list of all applications. ... .Creditors file claims if they dispute the amount of debt listed in bankruptcy. ... .According to the IRS, there is no bar date.Chapters 7-speed automatic transmission and 13Read court to review, not only files away.In Chapter 7 and 13, the date bar about 90 days. The first meeting of creditors. ... .In Chapter 7, the bankruptcy court a written statement that creditors should not file a claim when property is recovered, according to an article in a bar Coveringcredit.com.Missing DateDon't case the period of bankruptcy. .. In front of some creditors. .paid for them. ... .Mortgage banks, for example, are "secured" creditors are paid first and often. ... .The unsecured creditors such as credit card lenders are low on the list. ... .In most cases, if the money is distributed, are creditors who get the furthest in the list not because the funds are not available from the bankruptcy estate. ... .Missed Date Bar in Chapter 7, 11 and 13 bankruptcy means that the claim well below those of unsecured creditors. ... .In fact, applicants are given for late submission of anything ....