Who to list on filing as creditors?

[tmr76]

What is the name of your state? IL

Yet another question. I'm filling out my worksheet for and I have to list secured and unsecured creditors. I have only one secured, our car loan, the rest are unsecured. My question is this: I got a copy of my credit report to make sure I was covering everyone. I found some on there that have never sent me a bill, medical bills mostly - do I put every creditor/collection agency on there even if it says it was charged off? Some of those have sent me collection attempts in the last year. I don't know if they've closed or written off the amount or if I don't include them, will they come back after me????

 

[mymymy]

LIST EVERYBODY.. no matter how remote!

List ALL of the creditors AND collection agencies. You'll have to figure out what collection agency belongs to what orginal creditor if you can. But do not skip anybody, no matter how small or remote it seems. Pay no attention to the words Charged Off.. that does not mean they have given up their right to collect from you. That term is used in their accounting department for tax purposes. it does not mean that they will not come after you for the money... LIST ALL CREDITORS.

Many people list the original creditor on the schedule with the amount and date and then list the collection agency under it with a notation that it is a collection for the above creditor. If you have a number of collections that you can not ascertain what or who they belong to.. then just list them with the amounts and dates and state "unknown collections".

Personally, I didn't list the collection agencies under the original crerditor. I put EVERYONE in alphabetical order. I then notated the correct info for the original creditors, including the amounts. Then I marked the collection agencies that I could ID with something like "see Providian" or "see Capitol One" - amounts previously listed. As I said, on the ones I couldn't ID.. I listed the amounts, dates whatever info I had and notated "unknown collections". That worked for me. Whichever way you decide, be careful to list the amounts only once, preferably in the OC column. (but, don't take any chances.. get all the amounts listed SOMEWHERE.)

Hope that isn't too confusing and hope it helped!

*note: Don't forget to put your secured creditor(s) on your matrix! I forgot to list my mortgage people on the matrix at first and it cost me 26.00 to fix, secured creditors- mortgages, car loans etc.. need to be notified too.. even if you are reaffirming, redeeming or surrendering!

 

[tmr76]

Thanks for the info. This lawyer gave me a "worksheet" to list all my debts, creditors, expenses, income, etc... I was thinking of listing this stuff seperately on a spreadsheet mostly because that is easier for me than handwriting it all in on this little space.

Is this worksheet his "thing" or something that is handed down by the govt?

 

[mymymy]

Are you talking about the lawyers worksheets? Those are not filed. He or more likely, his paralegal, will transcribe your info to the OFFICIAL forms.

Ask your lawyer if it's okay to do your spread sheet, he may take it that way or you may have to transfer the info onto the worksheet anyway. It's a lot of work either which way.. so, no need to do it twice, if you can help it!

 

[Ladynred]

Most districts have now gone to electronic filing. If that's true in your area, then the Lawyer will just take what you put on his worksheets and have a paralegal punch the numbers into their bankrutpcy software. I'd do the spreadsheet anyway, just keep stuff categorized they way he has it on his worksheet. No way I'd do all that writing by hand. Besides, with a printout of a spreadsheet there can be no mistakes in reading anyone's handwriting !

List every creditor, and it really is better to list the collection agency associated with the original debt underneath the original creditor. List the TOTAL amount that is NOW showing as due under the original creditor.