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Creditor Claims in Murrieta

Managing & Protecting You from Creditors

A creditor claim is a type of legal document that must be filed in writing by creditors or by people who are owed money. These claims may also be referred to as Proof of Claims in some jurisdictions. In Murrieta, creditor claims are filed against debtors after they have filed for Chapter 7 or Chapter 13 bankruptcy. These claims may also be filed against a deceased individual's estate if the person owes debts to creditors. However, if entities decide to file creditor claims against a deceased person's estate, they must do so within a few months of the person's death.

Once creditor claims have been filed with the U.S. bankruptcy courts, creditors will try to claim assets that are owned by debtors to repay debt. In the claims, creditors will list how much debtors owe as of the dates that debtors' bankruptcy petitions are filed. After Murrieta creditor claims are filed with the courts, appointed bankruptcy Trustees will notify the creditors whether the debtors will accept or object to claims.

Bankruptcy Lawyers in Murrieta

If you are facing creditor claims, it is important that you secure the services of a Murrieta bankruptcy lawyer who has experience handling claims of this nature, like an attorney at Singleton Smith Law Offices. At Singleton Smith Law Offices, we have successfully assisted numerous clients with creditor claims. Our lawyers know that when creditors file these legal documents, appropriate action must be taken as soon as possible to protect debtors from incurring substantial losses.

The best thing people can do is to set up an initial consultation with our law office. Contact a Murrieta bankruptcy attorney from our firm today to discuss your creditor claim issues.

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