December 13, 2007

Don't Assume that Claims by Creditors Will be Correct and Accurate

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The Bankruptcy Code provides that creditors in Chapter 13 cases must file their proofs of claim within approximately 4 months after your Chapter 13 case is filed.   Often, however, your case is scheduled for confirmation before the proof of claim deadline.  This means that the judge may approve your case before all claims are known. 

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