Legal Question in Bankruptcy in Texas
Chapter 11 of a corporation
I have a 2nd mortgage on my house with a company out of Texas. I just received a Chapter 11 form and a Proof of Claim (Form B10) attached to it. It is to the attention of: Creditors, Borrowers and Shareholders of this company. It advises there is a Claims Bar Date set for Oct. 31, 2000. My question is as an individual with a mortgage with this company do I continue to make payments to them and do I need to do anything with this Proof of Claim form?
Any information would be helpful. I thank you in advance should you agree to answer my question.
Asked on 9/04/00, 8:45 pm
1 Answer from Attorneys
Ken Koury
Kenneth P. Koury, Esq.
Re: Chapter 11 of a corporation
Continue to make your payments. The proof of claim is to be used if you claim they owe you any money.
Answered on 10/05/00, 12:06 pm
Related Questions & Answers
-
Bankruptcy has the law changed on filling bankruptcy on unsecured debt?can credit... Asked 9/01/00, 1:08 pm in United States Texas Bankruptcy Law
-
Bankruptcy & Federa Jobs Is it true that if you have filed bankruptcy you cannot... Asked 8/24/00, 5:37 pm in United States Texas Bankruptcy Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
