Saturday, May 7, 2011
What is an index of creditors in bankruptcy?
The index of the creditor (also known as a creditor matrix) is a bankruptcy petition. Devout index contains essential information about each creditor of the debtor. A debtor must be careful to ensure that all necessary information is included with precision in the index. FunctionThe of creditor bankruptcy index function is to provide the Court of bankruptcy with the name and address of all the creditors of the debtor. The index contains the account number for the balance of any court bankruptcy used creditor.SignificanceThe to notify a proof of claim form the information in the index of the creditors and the creditors of the bankruptcy. The index is also used to creditors of the date, time advise and place of the creditor meeting.ConsiderationsYou the index of the creditor bankruptcy with Registrar of bankruptcy court.MisconceptionsThe more often wrong on an index of creditors in bankruptcy petition form is that you can leave some creditors off the coast of the list. Some people have the idea that you can continue directly to a creditor. Such a course is to prepare and submit a complete, accurate creditor bankruptcy bankruptcy law.WarningThe index may cause the event not to be dismissed. At least, the debtor is required to correct defects.
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