I hired a lawyer to help me with my bankruptcy case and I think they're doing a good job and I just got a deficiency notice from the bankruptcy court, and now I'm a little nervous. What's that all about? Clients get deficiency notices typically if the lawyer, or the client if they're acting as their own lawyer, files something with the court and the court says no, it's not quite right. We need more documents or we need different documents, or you need to show that you served this document on creditors or the trustee or some other interested party, and if you haven't done that, the bankruptcy court will issue what's called a deficiency notice, and they'll send it by mail to your lawyer and to you if you are a debtor in bankruptcy, and it's not necessarily something to be really nervous about because typically they give you some time, it could be 14 days or even longer to fix the deficiency. It's not a bad idea if you get one to call your lawyer's office and say hey, is everything okay, is there anything that I need to do, and typically the lawyer or somebody from the lawyer's office will tell you no, it's under control, these deficiency notices are very common, and that's true. They are very common. It's not something for you to be really nervous about, but it is good to know what to do when you get a deficiency notice. Thoughts from a Maryland Bankruptcy Lawyer Ronald J. Drescher Drescher & Associates, P.A 4 Reservoir Circle Suite 107 Baltimore, MD 21208 (410) 484-9000 Fax (410) 484-8120 Rondrescher@Drescherlaw.com http://www.Drescherlaw.com FaceTime rondrescher@mac.com Skype ron.drescher Practicing in Maryland, Delaware, Virginia, Pennsylvania
Why Did I Get A Deficiency Notice From The Bankruptcy Court? - YouTube |
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