Legal Question in Bankruptcy in Minnesota

What if you have an account that you have not listed on the petition?

Asked on 11/03/11, 11:05 am

1 Answer from Attorneys

David Kelly-952-544-6356 Kelly Law Office

Well, I can't tell from your question if you mean there was a debt not listed or a bank account not listed. If it was a debt, tell your lawyer about it. Usually your lawyer could send a notice of the bankruptcy to the creditor and then add the creditor to the list of creditors in the court file. Most of my cases require that I do that several times. It's routine.

If it's a bank account, same thing to start with. Tell your lawyer. He will prepare an amended Schedule B to list the additional asset. He will also probably amend your Schedule C to claim the extra asset as exempt, assuming you have some exemptions left.

If you have done the bankruptcy filing without a lawyer, this is just one example of why that was a bad idea.

This is for general information purposes only, is not legal advice and does not create an attorney-client relationship. Consult the attorney of your choice about the details of your case.

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Answered on 11/03/11, 12:07 pm

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