top Ad Widget

Collapse

Announcement

Collapse
No announcement yet.

Parties to my Bankruptcy

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Parties to my Bankruptcy

    On the PACER, it shows the parties to my bankruptcy are the following:

    Myself, the Trustee and the UST. Is it normal for the UST to be a party to any bankrutpcy?

    Does this mean he has an interest or is this standard or commonly shown on the pacer.

    I filed chapter 7 "no assets".

    Thanks

    #2
    This is common and is not a cause of worry. The UST does pick a case at random for an in-depth review or audit, but that ratio is something like 1 in 1000. That number is probably greatly increased by now.
    "To go bravely forward is to invite a miracle."

    "Worry is the darkroom where negatives are formed."

    Comment


      #3
      That is great, thanks. I was getting nervous. I am in CA. My 341 is 11/12.

      Comment


        #4
        That is normal, the basic parties to any BK are the debtor, BK Trustee, and U.S. Trustee.

        This blog post explains the roles of the various players in BK

        Comment


          #5
          Thanks HHM :-)

          Comment


            #6
            I just looked at my parties, and was also worried that the UST showed up. Mine also lists a creditor! UGH. Recovery management Systems Corp. I have no idea what it is for, or if the will show up.
            Filed CH 7 10/14/09
            341 11/18/09 DONE!
            Discharged 1/19/10!

            Comment


              #7
              Recovery Management Systems is on mine, too. From what I read on a past thread, they handle things for GEMoneybank (in my case, JCPenney cc).

              The way I understand it, they request notice of what's happening on the case just so that if it's dismissed, they can come after us. Otherwise, no problem.

              Comment


                #8
                That makes sense. We had debt with Lane Furniture and they use GE money bank.
                Filed CH 7 10/14/09
                341 11/18/09 DONE!
                Discharged 1/19/10!

                Comment

                bottom Ad Widget

                Collapse
                Working...
                X