Bankruptcy Filing Tips

Should I keep paying my bills on a credit card company "Advanta", which has filled for Chapter 11 bankruptcy?

I have a balance of $ 9,000 Advanta account, but when I call the number on the statement is telling me I have a balance of $ 0. My last statement was sent in mid November. and I just read that on 08 November, the company filled for Chapter 11 bankruptcy. Am I still responsible for payment? Serious answers only please. this is serious! give thanks in advance

Your account has most likely been sold to another company. You must continue making payments to Advanta until you are told otherwise. Your debt does not disappear because they filed Chapter 11.

T / F questions on Chapter 11 bankruptcy?

True or false: The owners of the debtor company shares are called holders of shares of security. Article 1007 (3) requires the debtor to file within 15 days after entry of the order for relief from a list of debtors' capital security holders. ———- I say the answer is "True." Am I right or wrong? TIA ———-

Incorrect. http://www.waeb.uscourts.gov/LocalRules/1000.pdf

What Is Chapter 11 Bankruptcy? (Part One)