Late Filed POCs in Asset Case
Posted: Wed Aug 27, 2014 3:22 pm
Gerald:
The simple answer is no. Late filed claims are paid only if there are excess funds after timely filed claims are paid. So in most cases, late claims wouldn't receive a distribution.
d
Dennis McGoldrick, 350 S. Crenshaw Bl., #A207B, Torrance, Ca 90503 310-328-1001-voice
> On Aug 27, 2014, at 3:09 PM, "'Gerald McNally' gm@mcesq.com [cdcbaa]" wrote:
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> Debtor in a Ch7 case with an asset to be administered by Trustee.
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> Some creditors were not named on original Schedule F.
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> Trustee filed a notice of asset case and sent notice to all known creditors, and the POC deadline passed.
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> Can Debtor now add creditors, send them the notice, and have their claims accepted?
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> Gerald McNally
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> Gerald McNally
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> McNally & Associates, P.C.
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> 517 East Wilson Ave., Ste 104
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> Glendale, CA 91206
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> Fax: 818.507.5001
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