What Is A Bankruptcy Creditor Matrix?

A creditor matrix is one of the most important forms in the bankruptcy process. So what is the creditor matrix, and what can you do to make sure you do right?

When you file for bankruptcy, you are required to prepare a list of all your creditors and their mailing addresses. This list is called the creditor matrix. It is your responsibility to make sure all your creditors are listed and that the information is correct.

Each bankruptcy court has it’s own rules for how the creditor matrix should be prepared. Washington State is divided into Eastern and Western Districts. The standards are very specific for each.

For the Eastern District:

• Names and addresses must be in one column
• There should not be more than 4 lines per entry, and not more than 34 characters per line
• There should be three lines between entries
• You do not have to alphabetize, include account numbers, or list a creditor more than once.

For the Western District:

• Names and addresses must be in one column
• There should not be more than 5 lines per entry, and not more than 30 characters per line
• There should be two lines between entries
• You should not include account numbers, or list a creditor more than once.

Additional rules can be found at each district court’s website.

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