Listing debts owed to creditors

[Daedalus81]

Specifically Form 6 - Schedule F

Lets say I have a credit card. I owe them the debt, but they are transferring it to an attorney on 2/28 and i'm filing on 3/1. I should list the attorney as the owner of the debt now, right? My concern is that I don't know if I might be listing the wrong entity since my debts seem to be shifting around a lot and there are some small amounts that have popped out of the woodwork that i'm scared of missing. What is the best way to go about handling all this?

[Pjmax]

I had to start by making a spreadsheet of sorts, because many of my cards changed hands 3 or 4 times. I listed every (original) card with acct. numbers, amounts, then in last column I listed all subsequent assignees. This helped me figure it all out, as in who belonged to which acct.
On my BK sched., my atty. listed the original creditors with the amounts as we knew them, and all others (CA's, attorneys, etc.) were listed with an amount of $1.00.
Hope this helps. I'm not an expert, but this worked for me.

Edit to add: Make sure absolutely everyone is on your Creditor Matrix.

[Daedalus81]

I had to start by making a spreadsheet of sorts, because many of my cards changed hands 3 or 4 times. I listed every (original) card with acct. numbers, amounts, then in last column I listed all subsequent assignees. This helped me figure it all out, as in who belonged to which acct.
On my BK sched., my atty. listed the original creditors with the amounts as we knew them, and all others (CA's, attorneys, etc.) were listed with an amount of $1.00.
Hope this helps. I'm not an expert, but this worked for me.

Edit to add: Make sure absolutely everyone is on your Creditor Matrix.

So it doesn't matter so much if I have the amount of debt incorrect? Like say last I knew it was $22,000, but now its $23,500 - that wouldn't impact anything would it; I presume they just discharge any decide associated to me?

[Pjmax]

I'm sure one of the experts will be along shortly to clarify, I'm just saying this is how my attorney handled it. The amounts used on my schedule came from my credit reports, the original creditors. I had not used any of my cards for at least two years, so the charged-off, or 'sent to collections' amounts didn't change. I believe the $1.00 for all the non-originals serves as a place-holder, because the amounts for the CA's and JDB's vary from the original. I was a non-asset, nothing to distribute filer, but if there was anything to distribute, the creditors would submit a claim for the amount they believe they are entitled to.
Do you have an attorney or are you filing pro-se?

[LadyInTheRed]

If you have an attorney, give your attorney information on everybody who ever contacted you about any of your debts.

You should definitely list the original creditor. Just because the creditor turned the account over to an attorney for collection does not mean that attorney now owns the debt. It's probably a good idea to list the attorney on the creditor's matrix so that they get notice. Better to error on the side of giving notice to people you don't need to give notice to.

The amount you list on the petition is not crucial unless you are in danger of exceeding the debt limits. What's important is that all debts are listed so that all creditors get notice. If your case is an asset case, the creditors will file claims and you can object to the amounts if you want. It is the approved claim that determines how much a creditor gets paid. Unless you have enough non exempt assets to pay all dischargeable debt, there isn't much point in you objecting.

[Daedalus81]

Ok excellent - thanks guys!