You are here
FAQs
-
What is a debtor?
A person or entity who has filed a petition for relief under the Bankruptcy Code.
-
Who is a creditor?
One to whom the debtor owes money or who claims to be owed money by the debtor.
-
Where should I file my case?
Use the "Where Do I File?" tool to find the appropriate division to file in, along with statistical information for that division.
-
What is the cost for filing bankruptcy?
The cost for filing various cases can be found at "Statutory Filing Fees and Miscellaneous Fees"
-
What is the automatic stay?
An injunction that automatically stops lawsuits, foreclosures, garnishments, and all collection activity against the debtor the moment a bankruptcy petition is filed.
-
What is the Meeting of Creditors (341 Meeting)?
The meeting of creditors required by section 341 of the Bankruptcy Code at which the debtor is questioned under oath by creditors, a trustee, examiner, or the U.S. trustee about his/her financial affairs. Also called creditors' meeting.
-
Where is the 341 Meeting held?
-
How can I look up the schedule for hearings and 341 meetings?
You can find hearing and 341 meeting information by using the Court Calendar tool.
-
What is a Proof of Claim?
A written statement and verifying documentation filed by a creditor that describes the reason the debtor owes the creditor money. There is an official form (Form B410) for this purpose, which is then filed with the court.
-
What is a Reaffirmation Agreement?
An agreement by a chapter 7 debtor to continue paying a dischargeable debt (such as an auto loan) after the bankruptcy, usually for the purpose of keeping collateral (i.e. the car) that would otherwise be subject to repossession.