The Law Offices of Chang and Carlin
guide individuals and families through their financial struggles, helping them
make a fresh start through Chapter
7 and Chapter
13 Bankruptcy.
There are times in life when we feel
absolutely clueless about the right step to take. When it comes to making
important decisions, having an expert’s opinion is very important. Chang and
Carlin, LLP’s Chapter
13 bankruptcy lawyers in Chicago
have used their expertise to help many families to take the right decision and
come out of murky situations. One such situation is, ‘getting a claim form from
court’. Read on to find out what one should do in such a situation.
What
is a claim form?
When a creditor starts court
action, you'll get a number of documents from the court. These are a claim form
and a response pack. The claim form gives details of how much your creditor is
claiming you owe them. The response pack contains a number of forms. Some of
the forms are for you to say whether you accept you owe the money. If you don't
agree you owe the money, there's also a form you need to send back to confirm
you got the documents.What to do when you receive a claim form?
According to bankruptcy lawyers in Chicago, once you receive a claim form, you should read the notes which come with the claim form carefully and deal with the documents by the deadline given. If you don't deal with these documents, a court order can be made against you. If this happens, you'll have to pay back all the money your creditor is claiming, even if you don't owe it. You may also have to pay interest and extra costs on top of this.
An Important thing to remember:
If the court's official stamp isn't on the claim form, the person you owe money to might be trying to get you to pay them back by pretending to send you court papers. This could count as harassment by your creditor and might be against the law.
These were some things that everyone
should know about claim forms. For information on any topic pertaining to
bankruptcy, such as Chapter 7 or Chapter
13 bankruptcy in Chicago, call Chang and Carlin, LLP at 1-866-790-8601 or Request a Free No Obligation Bankruptcy Filing
Consultation Today.