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Old 12-14-2007, 07:22 AM
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bjuice
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RACING JUNKIE
 
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Join Date: Apr 2003
Location: Greenville s.c.
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INFORMATION PURPOSE ONLY..THIS IS NOT INTENDED TO BE TAKEN AS ANY LEGAL ADVISE

normally a business /corp will file a chapter 11...

a personal bankrupt filing when the person has assests such as a home ,car etc..they will file a chapter 13..they are required to re-pay the secured debt thru a trustee at a reduced rate etc...all the secured creditors are required to file a Proof of Claim beforehand

just to let you know this is a Federal motion filed to seek proctection under a Federal Bankrupcty protection ( stay)..
there are things you can do such as filing a "Proof of Claim" ...you only have a certain amount of days to file this claim after he files the Bankruptcy..



i would suggest seraching the bk site or possibley bk attorney to file a Proof of claim for you..if he stays chapter #13
if he goes 11...then you got something else to re-search.


Good luck.

Brian
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