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bankruptcy creditor questions

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Q. I am owed over $20,000 in wages by a former employer (one man operation) in Virginia that is electing Chapter 7. There are no assets to distribute. I'm going to the meeting of the creditors on February 28, but don't know what I can do when I get there. Are there specific questions I should ask? Anything I should do to prepare? Also, the notice I received was to the business name that I used when I changed from an employee to an independent contractor for this guy, Hageman. I have a promissory note signed by him personally (not his company name) to pay ME personally (not the company name I adopted when I agreed to work as an independent contractor - doing the exact same work). Any chance that he will not be able to discharge the debt he incurred to me personally? This is his second bankruptcy that I know of. Any help would be appreciated. This has been an expensive lesson for me.

A. - Only if he forgets to mention it....only named debts are discharged in bankruptcy, and his personal debt may be considered different from his business debt. -Lost wages are a high priority debt for the trustee but if there are no assets...there

 


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