Wisconsin Corporate Ownership Statement (Bankruptcy Case) is a document that is filed with the bankruptcy court when a corporation is filing for bankruptcy. It is also known as a Statement of Corporate Ownership and is required to be filed with the court in order to initiate a Chapter 11 bankruptcy proceeding. The statement includes information about the corporation’s ownership, including the name and address of the corporation, the names and addresses of its owners, and the percentage of ownership held by each individual. The statement must be filed within 15 days of the filing date and must be signed and notarized. There are two types of Wisconsin Corporate Ownership Statements: for corporate debtors and for creditors. The statement for corporate debtors is used to identify the individuals or entities that control the corporation, while the statement for creditors is used to identify the individuals or entities that the corporation owes money to.
Wisconsin Corporate Ownership Statement (Bankruptcy Case)
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After a Chapter 7 discharge, you must wait a minimum of four years from its filing date before you can open another case. You may be able to avoid the four-year wait and file Chapter 13 immediately with the caveat that your new Chapter 13 cannot be discharged.
Filing Multiple Chapter 7 bankruptcies: A debtor can obtain a discharge in Chapter 7 cases filed every eight years. If the debtor's previous Chapter 7 case was dismissed or closed without discharge, they can obtain a discharge in another Chapter 7 case without having to wait eight years.
If your Chapter 7 bankruptcy ended with your debts being discharged, you must wait a minimum of eight years before filing for Chapter 7 bankruptcy again. Remember, the time clock starts when you filed your previous Chapter 7 bankruptcy ? not from the discharge date.
On the other hand, the plan must not be so long that it does not appear feasible to the court. Typically, it takes from three to five years to carry out and consummate the Chapter 11 plan of a small business debtor.
A chapter 13 bankruptcy is also called a wage earner's plan. It enables individuals with regular income to develop a plan to repay all or part of their debts. Under this chapter, debtors propose a repayment plan to make installments to creditors over three to five years.
The Corporate Ownership Statement "Corporate Statement" directs non-governmental corporate parties to list those corporations that hold significant ownership interests in them (i.e., the "corporate parent") or state that there are no entities to report.
You can obtain the bankruptcy case number by calling the Voice Case Information System (VCIS) at (866) 222-8029. VCIS is a free service and is available all day, every day except from pm until pm daily for system backups.