• US Legal Forms

Massachusetts Motion to Conditionally Approve and to Combine the Hearing on Final Approval of the Disclosure Statement and Confirmation of the Plan of Reorganization of Small Business Debtor

State:
Massachusetts
Control #:
MA-SKU-0133
Format:
PDF
Instant download
This website is not affiliated with any governmental entity
Public form

Description

Motion to Conditionally Approve and to Combine the Hearing on Final Approval of the Disclosure Statement and Confirmation of the Plan of Reorganization of Small Business Debtor
A Massachusetts Motion to Conditionally Approve and to Combine the Hearing on Final Approval of the Disclosure Statement and Confirmation of the Plan of Reorganization of Small Business Debtor is a motion filed in bankruptcy court that requests the court to conditionally approve certain documents and to combine a hearing to finalize the approval of the disclosure statement and confirm the plan of reorganization. The documents that may be conditionally approved include the debtor’s disclosure statement, the plan of reorganization, and any documents related to the debtor’s proposed reorganization plan. The debtor is usually required to provide evidence that they have complied with all applicable bankruptcy laws and that the disclosure statement meets the requirements of the Bankruptcy Code. The court must then make a ruling on the motion and, if granted, the hearing is typically combined with the hearing for confirmation of the plan of reorganization. The two main types of Massachusetts Motion to Conditionally Approve and to Combine the Hearing on Final Approval of the Disclosure Statement and Confirmation of the Plan of Reorganization of Small Business Debtor are a motion based on 11 U.S.C. § 1129(a)(9) and a motion based on 11 U.S.C. § 1129(b)(2)(A). The first type, 11 U.S.C. § 1129(a)(9), applies to debtors in Chapter 11 bankruptcy that are not classified as “small business debtors”, and the motion is used to conditionally approve a plan of reorganization or a disclosure statement. The second type, 11 U.S.C. § 1129(b)(2)(A), applies to small business debtors in Chapter 11 bankruptcy and is used to conditionally approve a disclosure statement and combine the hearing on final approval of the disclosure statement and confirmation of the plan of reorganization.

A Massachusetts Motion to Conditionally Approve and to Combine the Hearing on Final Approval of the Disclosure Statement and Confirmation of the Plan of Reorganization of Small Business Debtor is a motion filed in bankruptcy court that requests the court to conditionally approve certain documents and to combine a hearing to finalize the approval of the disclosure statement and confirm the plan of reorganization. The documents that may be conditionally approved include the debtor’s disclosure statement, the plan of reorganization, and any documents related to the debtor’s proposed reorganization plan. The debtor is usually required to provide evidence that they have complied with all applicable bankruptcy laws and that the disclosure statement meets the requirements of the Bankruptcy Code. The court must then make a ruling on the motion and, if granted, the hearing is typically combined with the hearing for confirmation of the plan of reorganization. The two main types of Massachusetts Motion to Conditionally Approve and to Combine the Hearing on Final Approval of the Disclosure Statement and Confirmation of the Plan of Reorganization of Small Business Debtor are a motion based on 11 U.S.C. § 1129(a)(9) and a motion based on 11 U.S.C. § 1129(b)(2)(A). The first type, 11 U.S.C. § 1129(a)(9), applies to debtors in Chapter 11 bankruptcy that are not classified as “small business debtors”, and the motion is used to conditionally approve a plan of reorganization or a disclosure statement. The second type, 11 U.S.C. § 1129(b)(2)(A), applies to small business debtors in Chapter 11 bankruptcy and is used to conditionally approve a disclosure statement and combine the hearing on final approval of the disclosure statement and confirmation of the plan of reorganization.

How to fill out Massachusetts Motion To Conditionally Approve And To Combine The Hearing On Final Approval Of The Disclosure Statement And Confirmation Of The Plan Of Reorganization Of Small Business Debtor?

Coping with official paperwork requires attention, precision, and using properly-drafted blanks. US Legal Forms has been helping people countrywide do just that for 25 years, so when you pick your Massachusetts Motion to Conditionally Approve and to Combine the Hearing on Final Approval of the Disclosure Statement and Confirmation of the Plan of Reorganization of Small Business Debtor template from our service, you can be certain it complies with federal and state regulations.

Working with our service is simple and quick. To obtain the necessary document, all you’ll need is an account with a valid subscription. Here’s a brief guideline for you to obtain your Massachusetts Motion to Conditionally Approve and to Combine the Hearing on Final Approval of the Disclosure Statement and Confirmation of the Plan of Reorganization of Small Business Debtor within minutes:

  1. Remember to carefully examine the form content and its correspondence with general and law requirements by previewing it or reading its description.
  2. Look for an alternative official blank if the previously opened one doesn’t match your situation or state regulations (the tab for that is on the top page corner).
  3. Log in to your account and save the Massachusetts Motion to Conditionally Approve and to Combine the Hearing on Final Approval of the Disclosure Statement and Confirmation of the Plan of Reorganization of Small Business Debtor in the format you prefer. If it’s your first time with our service, click Buy now to proceed.
  4. Register for an account, decide on your subscription plan, and pay with your credit card or PayPal account.
  5. Decide in what format you want to save your form and click Download. Print the blank or add it to a professional PDF editor to submit it paper-free.

All documents are drafted for multi-usage, like the Massachusetts Motion to Conditionally Approve and to Combine the Hearing on Final Approval of the Disclosure Statement and Confirmation of the Plan of Reorganization of Small Business Debtor you see on this page. If you need them in the future, you can fill them out without re-payment - just open the My Forms tab in your profile and complete your document any time you need it. Try US Legal Forms and prepare your business and personal paperwork rapidly and in total legal compliance!

Form popularity

FAQ

Once you've completed your Chapter 13 repayment plan, most remaining nonpriority unsecured debt balances will get discharged. Student loan balances are a notable exception?you'll remain responsible for those (at least for the present). Student loans fall into the category of nonpriority unsecured debts.

The discharge releases the debtor from all debts provided for by the plan or disallowed (under section 502), with limited exceptions. Creditors provided for in full or in part under the chapter 13 plan may no longer initiate or continue any legal or other action against the debtor to collect the discharged obligations.

How to Survive Chapter 13 Bankruptcy Stick to Your Repayment Plan. Chapter 13 bankruptcy establishes a repayment plan.Make Budget Cuts. Budget cuts before filing for bankruptcy can help you manage your finances.Stay Away from Credit Cards.Build an Emergency Fund.Seek Professional Help.

Funds received after the date of an Order of Dismissal or an Order of Conversion in a confirmed case and after the Trustee has closed the case will be disbursed directly to the debtor(s). These refunds will be generated once per month, near the end of the month, prior to the regular disbursement cycle.

Once you have paid off all of your chapter 13 bankruptcy debts, you will go to the bankruptcy court for one last hearing ? your discharge hearing. You have the option of directing your attorney to attend the hearing in your place. The bankruptcy judge will review all of your case details.

Your debts will not be discharged. Often creditors?especially unsecured creditors?don't bother to file claims with the bankruptcy court and their debts get discharged, but only if you complete the plan. When the case is dismissed, those creditors stay with you.

About 45 days after you've received your discharge, you will receive a document called a Final Decree. It's the document that officially closes your case. Once this document is received, you are no longer in bankruptcy.

If a debtor fails to keep up with payments under their repayment plan in a Chapter 13 bankruptcy, the bankruptcy trustee may file a motion to dismiss their case. This means that their debts would not be discharged because the case would be considered unsuccessful.

More info

Courts will combine the hearings on approval of the disclosure statement and the confirmation of plan. 3-4.11 SMALL BUSINESS CASES - CREDITORS'COMMITTEE NOT APPOINTED ABSENT.A proof of claim is a written statement setting forth a creditor's claim. Statement and (2) combine the plan and disclosure statement hearing. A "small business case" allowed a small business debtor to combine the hearing on its disclosure statement with plan confirmation. C) Moreover, when continuing the case in bankruptcy does not advance the purposes of a Chapter 11 reorganization, then why shouldn't a secured creditor simply. Division (C) is amended to specifically include, within the exceptions to the application of the Civil. 5(1), Updated the small business debtor debt limits. 101: Definitions (including debt, claim, creditor, family farmer, and small business debtor). 109: Who may be a debtor.

Trusted and secure by over 3 million people of the world’s leading companies

Massachusetts Motion to Conditionally Approve and to Combine the Hearing on Final Approval of the Disclosure Statement and Confirmation of the Plan of Reorganization of Small Business Debtor