Are you a parent who paid a large summer camp deposit only to find out that Galileo has filed for bankruptcy? If so, then you are probably wondering if you can get a refund or are you stuck with the credit/coupon option that you recently received. If you want any chance to get a refund, then you must file a Proof of Claim.
The deadline to file a Proof of Claim in the Galileo bankruptcy filing is September 8, 2020. If a Creditor (i.e. parent who wants a refund) misses that deadline, then the Creditor may lose many valuable rights including voting on any reorganization plan or even receiving repayment for the debt owed to the Creditor. Therefore, it is very important for a Creditor to file a proof of claim.
The bankruptcy court hearing the Galileo bankruptcy has tried to make it convenient to file proof of claim electronically. There is a direct link from the court website. The proof of claim form itself is 2 pages long and requires just enough information to determine who to pay, how much is owed and general basis for the claim. Creditors should also attach some proof of the debt, i.e. a contract or invoice.
Proof of claims are routinely filed but can get complicated if challenged. If you are worried about filing your own proof of claim, then my office is available to help parents who are feeling lost. Contact us for more information.