Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Emperor Palpatine

no that is not how it works.

They are now on notice, they have to file a “proof of claim” and if needed an “adversary proceeding” inside the bankrupcty court.

If they do nothing their claim is precluded permanently.

finito.

Keep in mind a creditor who is unknown can cause a case to be reopenened at a later date and dicharged as were all the previous creditors.


13 posted on 01/29/2008 12:16:38 PM PST by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
[ Post Reply | Private Reply | To 6 | View Replies ]


To: longtermmemmory

Which is why the three boys should have waited until the last possible minute to file.


14 posted on 01/29/2008 12:22:01 PM PST by Emperor Palpatine ("There is no civility, only politics.")
[ Post Reply | Private Reply | To 13 | View Replies ]

To: longtermmemmory
Re items 10 and 13 -- amazing how much indignation you can lose when someone who actually knows what they are talking about weighs in, instead of a silly reporter/headline writer!!

Well Done.

16 posted on 01/29/2008 12:36:37 PM PST by BohDaThone
[ Post Reply | Private Reply | To 13 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson