What to do when a debtor files a chapter 13? Posted on July 18, 2011
I'm a creditor that loaned a friend $6000 dollars for a bike months later he filed for a chapter 13. He said that he would not put me on the bankruptcy and would still make payments, of course the payments never came, so i filed a claim with the bankruptcy court. My real question would be is there some way i can still get my money or the bike back? He signed a promissory note for the dollar amount but as a first time creditor i didn't put the bike as the collateral even though verbally this was agreed on. What can I do?
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