{"id":2938,"date":"2016-02-25T14:24:45","date_gmt":"2016-02-25T06:24:45","guid":{"rendered":"http:\/\/alexchanglaw.com\/?p=2938"},"modified":"2021-02-22T10:04:00","modified_gmt":"2021-02-22T02:04:00","slug":"bankruptcy-creditors-bill-costs","status":"publish","type":"post","link":"https:\/\/alexchanglaw.com\/index.php\/bankruptcy-creditors-bill-costs\/","title":{"rendered":"Should the Creditors file a Bill of Costs after making a debtor Bankrupt"},"content":{"rendered":"<h3><a href=\"http:\/\/alexchanglaw.com\/wp-content\/uploads\/2015\/05\/ACC-BankruptcyAct.jpg\"><img loading=\"lazy\" class=\"alignleft size-medium wp-image-2176\" src=\"http:\/\/alexchanglaw.com\/wp-content\/uploads\/2015\/05\/ACC-BankruptcyAct-300x158.jpg\" alt=\"ACC-BankruptcyAct\" width=\"300\" height=\"158\" \/><\/a>Some creditors face a dilemma, shall we file a bill of costs after the debtors have been made a bankrupt?<\/h3>\n<h6>&#8220;<a href=\"http:\/\/alexchanglaw.com\/index.php\/wajarkah-pemiutang-memfailkan-kos-untuk-bil-setelah-menyebabkan-penghutang-bankrap\/\">Versi Bahasa Malaysia<\/a>&#8220;<\/h6>\n<p>A quick answer: in the absence of a bill of costs, the costs that were incurred for the filing of the bankruptcy application cannot be recovered, even if there are any assets in the estate of the bankrupt.<\/p>\n<p>Unless you are certain that there are some assets belonging to the bankrupt that will be distributed by the Official Assignee,\u00a0 otherwise we suggest not to proceed with the filing of a\u00a0 Bill of Costs which will incur further legal fees.<\/p>\n<h3>Disclaimer<\/h3>\n<p>This\u00a0 article is a part of <a href=\"http:\/\/alexchanglaw.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Alex Chang &amp; Co\u2019s<\/a> Corporate Social Responsibility\u00a0\u00a0 effort to share <a href=\"http:\/\/alexchanglaw.com\/index.php\/thoughts\/\" target=\"_blank\" rel=\"noopener noreferrer\">our thoughts<\/a>\u00a0 on some\u00a0 <a href=\"http:\/\/alexchanglaw.com\/index.php\/category\/publications\/\" target=\"_blank\" rel=\"noopener noreferrer\">legal matters<\/a>.\u00a0 Please\u00a0 consult your legal advisors\u00a0 on your specific needs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Some creditors face a dilemma, shall we file a bill of costs after the debtors have been made a bankrupt? &#8220;Versi Bahasa Malaysia&#8220; A quick answer: in the absence of a bill of costs, the costs that were incurred for the filing of the bankruptcy application cannot be recovered, even if there are any assets [&hellip;]<\/p>\n","protected":false},"author":1804,"featured_media":2176,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[52,5],"tags":[53,54],"_links":{"self":[{"href":"https:\/\/alexchanglaw.com\/index.php\/wp-json\/wp\/v2\/posts\/2938"}],"collection":[{"href":"https:\/\/alexchanglaw.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alexchanglaw.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alexchanglaw.com\/index.php\/wp-json\/wp\/v2\/users\/1804"}],"replies":[{"embeddable":true,"href":"https:\/\/alexchanglaw.com\/index.php\/wp-json\/wp\/v2\/comments?post=2938"}],"version-history":[{"count":6,"href":"https:\/\/alexchanglaw.com\/index.php\/wp-json\/wp\/v2\/posts\/2938\/revisions"}],"predecessor-version":[{"id":8438,"href":"https:\/\/alexchanglaw.com\/index.php\/wp-json\/wp\/v2\/posts\/2938\/revisions\/8438"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alexchanglaw.com\/index.php\/wp-json\/wp\/v2\/media\/2176"}],"wp:attachment":[{"href":"https:\/\/alexchanglaw.com\/index.php\/wp-json\/wp\/v2\/media?parent=2938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alexchanglaw.com\/index.php\/wp-json\/wp\/v2\/categories?post=2938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alexchanglaw.com\/index.php\/wp-json\/wp\/v2\/tags?post=2938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}