Official Form 309B Notice of Chapter 7 Bankruptcy Case - Proof of Claim Deadline Set

What Is Official Form 309B?

This is a legal form that was released by the United States Bankruptcy Court on December 1, 2015 and used country-wide. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Official Form 309B?
A: Official Form 309B is a notice of Chapter 7 bankruptcy case.

Q: What is a Chapter 7 bankruptcy case?
A: Chapter 7 bankruptcy is a type of bankruptcy that liquidates a debtor's assets to pay off their debts.

Q: What is a proof of claim?
A: A proof of claim is a document filed by a creditor to indicate that they have a claim against the debtor's bankruptcy estate.

Q: What is a proof of claim deadline?
A: The proof of claim deadline is the date by which creditors must file their proof of claim in a bankruptcy case.

Q: Why is the proof of claim deadline important?
A: The proof of claim deadline is important because it determines whether a creditor will receive any payment from the bankruptcy estate.

Q: Who sets the proof of claim deadline?
A: The court sets the proof of claim deadline in a bankruptcy case.

Q: What happens if a creditor misses the proof of claim deadline?
A: If a creditor misses the proof of claim deadline, they may not be able to participate in the distribution of assets from the bankruptcy estate.