#1  
06-03-2009, 06:32 PM
l.amen l.amen is offline
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Sub: BK 7 NEVADA

I am filing my own BK 7, on form 6F it says "If claim is subject to setoff, so state" what do they mean
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  #2  
06-03-2009, 11:21 PM
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Carol79 Carol79 is offline
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I'm not sure, but what I think is that "claim is subject to set off" this statement means if the creditor owes you money say $10K (e.g your deposit with the bank to whom you owe money) and you owe him $50k, then the creditor can take away your $10k and you will owe only $40k. This $40K will be included under bankruptcy which may be discharged.
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  #3  
06-04-2009, 08:22 AM
Anonymous
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Sub: BK 7 NEVADA

Thank you. That makes sense.
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