Who claims, who doesn't?

[treehugger1]

As I wade into the BK 13 pool, currently at the knee depth level, I discover new questions. The initial attorneys and my chosen one have all looked at who my creditors are and made comments such as, "Many of these won't bother to file a claim?" I don't get particulars, just the comments. I read an old post here (somewhere) related to creditors not filing claims. I have unsecured debt and cc debt with creditors such as Citi, BOFA, Premier, etc. Does anyone who has been confirmed in 13 care to share your current thoughts on who claimed and who did not? I'm just curious.

[SinkingFast]

I remember someone posting a while back that their Trustee went after "Preferential Payments" in excess of $900 from Citi I believe it was. Citi paid back the BK Court and did not even bother to file a claim in that person's BK Plan.

[lrprn]

Does anyone who has been confirmed in 13 care to share your current thoughts on who claimed and who did not? I'm just curious.

We had a long list of creditors with money owed to credit cards, unsecured loans, secured loans, and priority debts. Only about half of our credit cards even bothered to put in a claim, and half of those claimed through third party companies who take on bk debt and admistrate it for the primary company. Two of our cards that didn't bother to put in a claim had over $10,000 owed on each of them....go figure! Our secured and priority lenders and the IRS all put in claims within two weeks after we filed.

[CATCHMEIFYOUCAN]

I heard cc companies that you have high debt with can just write it off - its a big tax break to them, so they are unlikely to file objections.

Catchmeifyoucan

[helpless]

Unfortunately, every credit card filed with ours.