D
dsaldo
Guest
What is the name of your state? Massachusetts
What is the deadline for a company put into involentary bankruptcy to inform the unsecured creditors not involved with the claim against the debtor, that a petition has been implemented by the U.S. bankruptcy courts.? As an unsecured creditor, I was informed 47 days past from when the US bankruptucy court ordered protection. This put some of my payments received for past due invoices within the 90 day preferential treatment area by five days. I cannot find any deadline date under chapter seven that a Debtor has to inform unsecured creditors of this action. This puts the unsecured creditor (me) giving credit, in an unfair situation of continuing to extend credit and accepting payments when the bankrupt company knows that some of the funds will fall under preferential treatment because they are not informing the unsecured creditor in a timely fashion. Can anyone help with a specific time that I should have been notified by law?
You guys are great thanks
dsaldo
What is the deadline for a company put into involentary bankruptcy to inform the unsecured creditors not involved with the claim against the debtor, that a petition has been implemented by the U.S. bankruptcy courts.? As an unsecured creditor, I was informed 47 days past from when the US bankruptucy court ordered protection. This put some of my payments received for past due invoices within the 90 day preferential treatment area by five days. I cannot find any deadline date under chapter seven that a Debtor has to inform unsecured creditors of this action. This puts the unsecured creditor (me) giving credit, in an unfair situation of continuing to extend credit and accepting payments when the bankrupt company knows that some of the funds will fall under preferential treatment because they are not informing the unsecured creditor in a timely fashion. Can anyone help with a specific time that I should have been notified by law?
You guys are great thanks
dsaldo