The North Carolina Ballot Form for Accepting or Rejecting Plan of Reorganization is a document used by creditors to cast their votes in favor of or against a proposed reorganization plan. The form contains instructions on how to complete the form and a list of questions that creditors must answer in order to cast their vote. Depending on the type of reorganization plan, there are two types of North Carolina Ballot Form for Accepting or Rejecting Plan of Reorganization: Class A Ballot and Class B Ballot. The Class A Ballot form is used when the reorganization plan affects all creditors equally, while the Class B Ballot form is used when the reorganization plan affects certain classes of creditors differently. Both forms require a majority of creditors to approve the plan for it to be accepted.
The North Carolina Ballot Form for Accepting or Rejecting Plan of Reorganization is a document used by creditors to cast their votes in favor of or against a proposed reorganization plan. The form contains instructions on how to complete the form and a list of questions that creditors must answer in order to cast their vote. Depending on the type of reorganization plan, there are two types of North Carolina Ballot Form for Accepting or Rejecting Plan of Reorganization: Class A Ballot and Class B Ballot. The Class A Ballot form is used when the reorganization plan affects all creditors equally, while the Class B Ballot form is used when the reorganization plan affects certain classes of creditors differently. Both forms require a majority of creditors to approve the plan for it to be accepted.
