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FAQ

Can I File Bankruptcy if I Don't Know all of my Creditors?

Posted by Stefen K. Shamberg | Apr 07, 2023 | 0 Comments

The purpose of filing for Bankruptcy is to preclude your creditors from pursuing you in collections. So it is your burden to ensure that all of your liabilities are disclosed on your Petition when the case is filed with the Court.  Specifically, you must identify each company to whom you owe money, the approximate balance due, their mailing address and (if known) the account number.

Therefore, unless these obligations are detailed as required, you could potentially find yourself subject to lawsuits, garnishments, and/or other collections activities despite having sought Bankruptcy protection.

About the Author

Stefen K. Shamberg
Stefen K. Shamberg

Originally from the Cleveland area, Stefen was principally raised in Mansfield, Ohio.  Upon graduating from high school he attended Kent State University obtaining a Bachelor of Arts Degree, majoring in Political Science.  Interested in the legal profession from an early age, he subsequently earn...

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Shamberg & Associates is committed to answering your questions about Bankruptcy, Foreclosure Defense, Breach of Contract Defense, and Debt Settlement. So contact us today for an Initial Free Consultation at (216) 691-7800.

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