I entered into a contract with a company,and they went bankrupt. How do I get my money back?
I don’t want to get a lawyer. The firm in question took a deposit and closed their doors before providing their services. Chapter 7.
How to go bankrupt: no bull advice on when and how to file, online bankruptcies, alternatives, tips, do-it-yourself with a low-cost attorney review.
When you received the Notice for the Meeting of Creditors (also known as the 341 Meeting), since this is a Ch. 7, if there had been assets to distribute, they likely would have included a form entitled "Proof of Claim". It sounds as though none was included so this is probably a No Asset Ch. 7, in which case you will, sadly, get nothing back. If this is, or becomes, an Asset case, you will file a Proof of Claim and will be paid pro rata, as an unsecured, after priority expenses and secured debt. You do NOT need an attorney to file a Proof of Claim.
Call the Trustee or Court’s Case Administrator to determine whether the case is Asset or No Asset.
Good Luck!
August 8th, 2010 at 2:12 pmFile a claim as a creditor with the bankruptcy court; I believe you are going to have to hire an atty for that one.
August 8th, 2010 at 2:12 pmsay goodbye to that money,, you’ll be at the end of the line to get money back,, behind lawyers..
August 8th, 2010 at 2:12 pmYou can file a claim with the Bankruptcy Court. The company would have listed you as a creditor. However; depending on the type of bankruptcy filed, and the type of creditor you are listed as (secured or unsecured) you could get nothing. An unsecured creditor in a liquidation will only receive funds after secured creditors such as banks and lienholders. Claims for services and deposits for services typically do not receive much consideration.
August 8th, 2010 at 2:12 pmReport that company to the : BETTER BUSINESS BUREAU AND YOU CAN DO THIS BY GOING ONLINE AND TYPING IN THE COMPANY THAT SCREWED YOU OVER. You may find that others have been screwed over also. Thye usually provide a phone number on their website where you can contact a manger or person trained to be equipt in taking care of this for you. Kept your transaction reciepts, try to record your conversation with the better business bureau and go to your bank. Make sure you let them also know exactly what happend, cancel your bank card and have it switched as well as have your money transferred to a different account within the same bank. File a claim withyour bank against this company and show any proof you have that this happened to you and it is NOT your fault. The should investigate it and get your money back as soon as possible.
– God Bless you!
August 8th, 2010 at 2:12 pmYou could file with the bankruptcy court, but unless it’s a SIGNIFICANT amount of money, I would probably say not to bother. You would probably need a lawyer, which would take a large portion of your returned money (you ‘d probably have to pay the lawyer regardless of whether you actually recover any funds), and second, you’d probably be very low priority for paying your claim. Even if the court found that you were owed money, that doesn’t mean that you’ll get a portion or all of your money back.
August 8th, 2010 at 2:12 pmMost deposits on anything are real unsecure never put a deposit if the company is legit they should’nt require a deposit for services or goods. I f u are wanting to make a contract legally binding w/o giving up $$. a promise to pay is just as binding when in writing. If I was you I would take this one on the chin and do some research next time!! b4 donating your $$!!! forget bankruptcy and all that bs… find a comp. that does the same type work and negotiate yourself a better deal…to recoup some of your loss
August 8th, 2010 at 2:12 pm