A matrix, known as a list of creditors, is a list of all entities that are included in the schedules. In a voluntary case, the matrix is filed with the petition. In an involuntary case, the matrix is filed within seven days of the order for relief. An extension of time may be granted upon a motion with notice to the trustee.The court uses the matrix to send notices to all creditors. The mailing list generally consists of the following:
As a debtor, it is very important for you to list every creditor on the matrix so all creditors may receive notice of the bankruptcy. If a creditor is omitted and does not receive notice, that debt may be nondischargeable. Some courts require that creditors be listed in alphabetical order, and other courts require that they be listed in the order in which they are shown on Schedules D, E, F, G and H. Many bankruptcy lawyers put the creditors in alphabetical order on the schedules.If the bankruptcy attorney or the debtor makes a mistake and inadvertently omits a creditor from the matrix, the matrix may be amended; however, amending the matrix is time-consuming and expensive, so your bankruptcy lawyer should review the matrix carefully before submitting it.
Areas Served:We handle bankruptcy cases through the mid-Hudson Valley including these counties and communities. Counties: Orange, Dutchess, Rockland, Westchester. Communities: Arlington, Beacon, Haverstraw, Middletown, Monsey, Mount Kisco, New City, Newburgh, Ossining, Peekskill, Poughkeepsie, Spring Valley, Stony Point, Suffern, West Haverstraw.