Chapter 7 bankruptcy liquidation

Law Office of 
Charles E. Andersen

Chapter 7 is also know as straight bankruptcy if you don't want to repay any debt, chapter 7 is an option to consider
Chapter 7 is also called a fresh start bankrutpcy
The US Trustee is a participant in a chapter 7 Hon. John C. Ninfo chief US Bankruptcy Court Judge US Bankruptcy Court

 

Chapter 11

11 Reorganization

11 Administration

11 Eligibility

Debtor in Possession

Plan Confirmation

Acceptance of Plan

Effects of Confirmation

Equity Interests

Disclosure Statement

1111(b) Election

Chapter 11 Plan

Claims and Interests

Conversion or Dismissal

Denial of Confirmation

Appointment of Examiner

Plan Contents

Collective Bargaining

Appointment of Trustee

 

 

Quick Form Personal Injury consult:

 

Name:

 

E-Mail

 

Describe an accident or injury:

   

DENIAL OF CONFIRMATION:

 

 (f) Denial of confirmation of every plan that has been filed, and denial of a request for an extension of time to file another plan or to modify a plan [B.C. §1112(b)(5)];


(g) Revocation of a confirmation order and denial of confirmation of a different or a modified plan [B.C. §1112(b)(6)];


(h) Inability to substantially consummate a plan that has been confirmed [B.C. §1112(b)(7)];


(i) A material default by the debtor concerning a plan that has been confirmed


(I) Termination of a plan by the happening of a condition contained in the plan


(k) Failure to pay any necessary fees or charges imposed under chapter 123 of title 28


(I) Failure to file the information required by Bankruptcy Code section 521

 

(1) and a list of the creditors holding the twenty largest unsecured claims with their amounts within fifteen days after the filing of the Chapter 11 petition. (Note: This ground applies only in a voluntary case, upon a request made by the United Stales trustee)


d. Exceptions—fanners and non-business corporations: If the debtor is a fanner or a non-business corporation, conversion of the case to Chapter 7 is prohibited unless the debtor requests the conversion.


e. Conversion to Chapter 12 or 13: The court may convert a Chapter 11 case lo a Chapter 12 or 13 case only if the following elements are present


(1) The debtor requests the conversion;


(2) The debtor has not received a Chapter 11 discharge; and


(3) If the conversion sought by the debtor is to Chapter 12, the court finds that the conversion is equitable [B.C. §1112(d)(3)].

obtaining a chpater 7 discharge the bar date has passed arriving at the office
I hope he's in

 

 

sitting down to sign

 

 

 

 

 

 

Chapter 13

If you qualify

 

CHAPTER 7: STOP

  • Creditor Harassment
  • Stop utility shutoffs
  • eliminate payments on unsecured debts.
  • Improve bad credit
  • Surrender car, and other secured collateral without incurring a "deficiency"

**For Chapter 13 cases with wage order and balance paid through a trustee as part of a partial re-payment plan and not paid directly to the attorney. Court filing fee is extra.

  • Emergency Petitions filed
  • Ask to see a statement of clients rights and responsibilities

 

Free Consultation

Reasonable rates

 

 

 

 

 

 

 

attorneys pen
 

 

 
Signing the court papers shaking hands leaving attorneys office
   

200 William St. STE 204A
Elmira, NY 14901
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receipt of filing automatic stay order for relief section 341 Notice
meeting fo the creditors court discharge order debt wipe out