Soldotna, AK asked in Bankruptcy for Alaska

Q: How does the F.B. Court determine % of money an unsecured creditor is to receive?

What determines the percentage of an unsecured creditor is to receive in a chapter 7 B.R.? And if the unsecured creditor's initial claim was denied due to non-timely filing, Is the Trustee allowed to "back up" and allow that claim at a later date?

I have no Attorney in my case, and even though I have contacted several B.R. Attorneys who said they would help me, change their mind within a day or so. (probably contacted the Trustee, whom they must "work" with) So as a result am forced to fight my case Pro Se.

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1 Lawyer Answer
Andrew Bresalier
Andrew Bresalier
  • Plantation, FL

A: The amount a creditor is to receive in a chapter 13 is determined via the Plan. In a 7, it is based upon the number of Claims made.

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