New Jersey Order Directing Joint Administration of Cases

State:
New Jersey
Control #:
NJ-SKU-0088
Format:
PDF
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Description

Order Directing Joint Administration of Cases The New Jersey Order Directing Joint Administration of Cases is a legal order issued by the Supreme Court of New Jersey that allows creditors in multiple bankruptcy cases to coordinate their activities and share information. This order allows the creditors in the various cases to file a single joint application for administrative relief and receive a single response from the court. It also allows the creditors to vote on a single plan of reorganization and share certain information between the creditors in the different cases. This order helps to streamline the bankruptcy process for creditors and debtors alike. There are two types of New Jersey Order Directing Joint Administration of Cases: voluntary and involuntary. Voluntary joint administration occurs when all parties involved in the bankruptcy cases agree to the joint administration. Involuntary joint administration occurs when a court orders the joint administration of the cases.

The New Jersey Order Directing Joint Administration of Cases is a legal order issued by the Supreme Court of New Jersey that allows creditors in multiple bankruptcy cases to coordinate their activities and share information. This order allows the creditors in the various cases to file a single joint application for administrative relief and receive a single response from the court. It also allows the creditors to vote on a single plan of reorganization and share certain information between the creditors in the different cases. This order helps to streamline the bankruptcy process for creditors and debtors alike. There are two types of New Jersey Order Directing Joint Administration of Cases: voluntary and involuntary. Voluntary joint administration occurs when all parties involved in the bankruptcy cases agree to the joint administration. Involuntary joint administration occurs when a court orders the joint administration of the cases.

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New Jersey Order Directing Joint Administration of Cases