Chapter 13 Bankruptcy: A Matter of Definition

Filing for Personal Bankruptcy as Chapter 7 or Chapter 13. Chapter 12 bankruptcy, which is similar to Chapter 13 bankruptcy, addresses the unique problems faced by family farmers and family fishermen. As a practical matter, almost all consumer cases are covered under Chapter 7 or Chapter 13 of the code.

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 · Bad Faith Chapter 13 Bankruptcy NJ. Much to your surprise, someone you loaned a substantial amount of money to just filed for Chapter 13 bankruptcy protection and didn’t even give you the courtesy of a phone call in advance.

said a person familiar with the matter. During the meeting, Purdue outlined a plan to file for Chapter 11 bankruptcy.

Home > Chapter 13 Bankruptcy > When Your Chapter 13 Is Finished. 31 Jan When Your Chapter 13 Is Finished. Posted at 18:35h in Chapter 13 Bankruptcy by Bankruptcy Law Network (BLN) 0 comments. share. Completing a Chapter 13 Plan is quite an accomplishment for anyone, and it’s something to be proud of, no matter the circumstances. I recently.

Chapter 11 cases are by far the most complicated of bankruptcy cases, and as a result, there are very few law firms that handle chapter 11 cases, but many times individuals and companies cannot obtain the relief they need under chapter 7 or chapter 13, thus a chapter 11 is their best option.

If you have such disposable income, you will need to file for a Chapter 13 bankruptcy.. As a practical matter, in most Chapter 7 bankruptcies, nonexempt property is of minimal value. If the trustee determines that nonexempt property is of little value, or that it would be problematic to sell it, the trustee will abandon the property and you.

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 · The bankruptcy court concluded that the lease had been properly renewed and that the debtor could therefore assume the lease. On appeal, Diatom argued that the judgment should be set aside because the dispute should not have been resolved through a contested matter,

Some of the biggest players in distressed debt are proposing a $35-billion plan that would allow California utility giant PG&E Corp. to emerge from bankruptcy within a year, according to sources.

A chapter 13 bankruptcy is also called a wage earner's plan. If the debtor operates a business, the definition of disposable income excludes those amounts .

The two firms would contribute $1.5 billion themselves, according to people familiar with the matter, who asked to not be identified. to terminate exclusivity at a hearing on Aug. 13. PG&E filed.