what happens with companies that do not file claims?

[James H]

Are they completely out of the picture now? I had almost $50,000 in debt but now i only have $19,000 worth of claims. that bumped me up to a 100% payback and that is fine with me.

What would happen if I just decided to drop out of the chapter 13? Would the credit card companies that did not file claims once again come after me or was my debt to them wiped out?

And just so you know, I have no intention of doing that I was just wondering. It does feel good knowing that If I ever come into a big chunk of cash or even want to pay a little more I can end this all a littler earlier because i'm in 100% payback.

[AboutToBK13]

It is my understanding that if you get dismissed they can come after you because you lose protection from the stay. Furthermore, the BK 13 stays on your credit report. So get still get tanked from a BK 13 but lose all of the benefits.

[busbis]

No, stay in the bk because you will be liable for all debts if it is dismissed. But can I ask who didn't file the claim. I'm filing in the next week...a bk 13 and hoping that not all will file claims. My big one is AMEX then Chase. Has anyone had experience with them.

[helpless]

If you don't finish your 13, then those companies that didn't file a claim can come after you. Their debt is only discharged after you complete your 13. There really wouldn't be a good reason to get your 13 dismissed, be glad that they all didn't file.

[James H]

I had $20,000 worth of debt with Bank of america and they did not file a claim

Chase did not file, Sears did not file, AT&T did not file, Citi did not file

actually the only ones that filed are Discover and some company's called

SHERMAN ACQUISITIONS LP
and
B-REAL, LLC


i've never heard of them and assume they are some sort of collection service?


My Date Confirmed was 10/15/2007, Do you think any other companies will file a claim?

[helpless]

Our MBNA cards and many of the major cc sold our accounts after we filed for bk and the companies that they sold them to made claims. So most of our payments are going to the "clearing house" company.

[lrprn]

actually the only ones that filed are Discover and some company's called

SHERMAN ACQUISITIONS LP
and
B-REAL, LLC

These are companies that manage accounts included in bankruptcy filings for big lenders like Sears. Some of your original creditors moved your debt over to these companies after you filed. B-Real is one of our Ch 13 "creditors" too.

My Date Confirmed was 10/15/2007, Do you think any other companies will file a claim?

In Ch 13, your creditors have 90 days (the govt has 120 days) to file claims after your 341 meeting. Has 90 days passed since then?

[aa06a47]

I had $20,000 worth of debt with Bank of america and they did not file a claim

Chase did not file, Sears did not file, AT&T did not file, Citi did not file

actually the only ones that filed are Discover and some company's called

SHERMAN ACQUISITIONS LP
and
B-REAL, LLC


i've never heard of them and assume they are some sort of collection service?


My Date Confirmed was 10/15/2007, Do you think any other companies will file a claim?

B-Real, LLC is who bought my debt from Chase. I don't know who Sherman is.

[CindyLou]

citi was my brother's biggest creditor in his 13 and did NOT file a claim. He was in a 100% payback.

[stljohn]

3 Citi cards 22k dnf
Commercebank of missouri 3.5k dnf
Nextcard 6.5k dnf
Greentree 130k (mortgage) dnf

the only 2 that filed were junk debt buyers
lvnv for National Bank 4k
Ecast for MBNA 20k

[truckerswife]

did you say that your mortgage company did not file?

[ruggal]

B-Real filed on behalf of my Chase and Sears cards as well.

[Skouris]

Sherman Acquisition filed claims for two of my Citi cards. I only had four creditors, and they all filed claims. The amount owed ranged from about 6K to 11K.

[truckerswife]

3 Citi cards 22k dnf
Commercebank of missouri 3.5k dnf
Nextcard 6.5k dnf
Greentree 130k (mortgage) dnf

the only 2 that filed were junk debt buyers
lvnv for National Bank 4k
Ecast for MBNA 20k

So, your mortgage company didn't file a claim. I didn't know that was a possibility????

[stljohn]

So, your mortgage company didn't file a claim. I didn't know that was a possibility????

Nah, they foreclosed, I was too slow at the switch to stop. Ultimately I'm glad it worked out like that.

Anyway I presume they got enough in the sale that filing claim wasn't worth it.