What is an adversary proceeding?

An adversary proceeding is a type of lawsuit within a bankruptcy case. It is an action taken by creditors in order to further their own interests and protect their rights in the bankruptcy court process. In Washington, creditors may file an adversary proceeding in order to challenge a certain type of debt or action that has been taken in the bankruptcy case. Examples of these actions include discharging (forgiving) debts, determining the validity of a debt, and determining the amount of a debt. Generally, an adversary proceeding will involve a hearing in bankruptcy court where both the creditor and debtor can present evidence and arguments about the issue. The court will then make a ruling on the matter. Adversary proceedings are important to creditors because they can help protect their rights in the bankruptcy court process. They provide creditors with the opportunity to challenge a certain debt or action and ensure that their rights are being respected.

Related FAQs

When is a creditor’s claim considered “timely”?
What is the effect of filing a lien?
What is a homestead exemption?
What is a non-dischargeable debt?
What are the consequences of violating creditors’ rights laws?
What is the meaning of “time’s up”?
What is the meaning of “preference”?
What is a discharge injunction?
Can creditors take action to collect a debt after the statute of limitations has expired?
What is an involuntary bankruptcy?

What is an adversary proceeding?

Related FAQs

Related Blog Posts