Bar dates depend upon the type of bankruptcy proceeding and whether the debtor has non-exempt assets. Exempt assets are those that the court will not liquidate to pay a creditor. For example, clothing, a car, tools of your trade and some equity in your home are considered exempt in some states. No-asset cases are those in which all of the debtor's property is exempt.
Calendaring the Bar Date
The bankruptcy court informs the creditor of the bar date in all Chapter 7 no-asset cases, Chapter 9 and Chapter 11 bankruptcy cases. Notification of the bar date is different in Chapter 7 cases with assets, and in Chapter 12 and Chapter 13 cases. In these cases, the bar date appears on the first Notice of Meeting of Creditors.