Bankruptcy court

June 8th, 2009 by Questions

I filed bankruptcy 8 months ago It was ok till now and my trustee inform me i have to go court soon I am wondering whats waiting for me in court @Are they want to explain everthing again in court?

Posted from: Ontario


One Response to “Bankruptcy court”

, A licensed trustee said:

The answer depends on why you must appear in Court.

The most common reason people are sent to Court is they faild to do something that they were supposed to do as part of their bankruptcy. When you fail to perform all of your duties properly you trustee must send you to Court to be discharged. In these cases you should expect the Court to tell you that you will not be discharged until you complete your duties properly and the Court may also assign additional duties and costs to your bankruptcy. Frankly, if you do everything properly you are entitled to an automatic discharge so the Court is rightfully annoyed when they have to speak to some one that hasn’t done everything they were supposed to do…

The second reason people are sent to Court is due to a creditor opposition. These are quite uncommon – less than one in every 100 cases. It means a creditor wants the Court to have a look at your conduct before you filed for bankrutpcy and/or the creditor wants to ask the Court to require you to repay a greater portion of your debt than the basic bankruptcy rules require.

Ask you trustee why you are being sent to Court – that should tell you what to expect at the hearing.

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