North Carolina Order Approving Disclosure Statement and Fixing Hearing on Confirmation - Form 13 - Pre and Post 2005 Act

• Category: Bankruptcy - Disclosures
• State: Multi-State
• Control #: US-BKR-F13
• Format: PDF

Description

This form is an order approving a disclosure statement and fixing the time for filing acceptances or rejections of the plan. The form must be completed and signed by the bankruptcy judge. This form is data enabled to comply with CM/ECF electronic filing standards. This form is for post 2005 act cases. The North Carolina Order Approving Disclosure Statement and Fixing Hearing on Confirmation — Form 13 is a legal document used in bankruptcy proceedings. It is applied both PRE and post the enactment of the 2005 Bankruptcy Abuse Prevention and Consumer Protection Act. This form serves the purpose of obtaining court approval for a debtor's disclosure statement, which contains detailed financial information about the debtor's assets, liabilities, and proposed plan for the repayment or reorganization of debts. The disclosure statement is a crucial component of the bankruptcy process as it provides creditors with essential information necessary to make informed decisions regarding the proposed plan. The Order Approving Disclosure Statement also sets a hearing date for the confirmation of the debtor's plan. This hearing is significant as it allows the court to evaluate the proposed plan's feasibility and determine its suitability for approval. During the confirmation hearing, interested parties, such as creditors and the bankruptcy trustee, may voice any objections or concerns they have with the debtor's plan. In terms of variations, there may be slight differences in the content and formatting of the Order Approving Disclosure Statement and Fixing Hearing on Confirmation — Form 13, depending on whether it is used PRE or post the 2005 Act. The 2005 Act introduced several changes to bankruptcy laws, including stricter qualification criteria and additional requirements for filing. It is important to note that while this content provides a general understanding of the North Carolina Order Approving Disclosure Statement and Fixing Hearing on Confirmation — Form 13, it is always advisable to consult with a qualified attorney or legal professional for accurate and up-to-date information regarding bankruptcy proceedings in North Carolina.

The North Carolina Order Approving Disclosure Statement and Fixing Hearing on Confirmation — Form 13 is a legal document used in bankruptcy proceedings. It is applied both PRE and post the enactment of the 2005 Bankruptcy Abuse Prevention and Consumer Protection Act. This form serves the purpose of obtaining court approval for a debtor's disclosure statement, which contains detailed financial information about the debtor's assets, liabilities, and proposed plan for the repayment or reorganization of debts. The disclosure statement is a crucial component of the bankruptcy process as it provides creditors with essential information necessary to make informed decisions regarding the proposed plan. The Order Approving Disclosure Statement also sets a hearing date for the confirmation of the debtor's plan. This hearing is significant as it allows the court to evaluate the proposed plan's feasibility and determine its suitability for approval. During the confirmation hearing, interested parties, such as creditors and the bankruptcy trustee, may voice any objections or concerns they have with the debtor's plan. In terms of variations, there may be slight differences in the content and formatting of the Order Approving Disclosure Statement and Fixing Hearing on Confirmation — Form 13, depending on whether it is used PRE or post the 2005 Act. The 2005 Act introduced several changes to bankruptcy laws, including stricter qualification criteria and additional requirements for filing. It is important to note that while this content provides a general understanding of the North Carolina Order Approving Disclosure Statement and Fixing Hearing on Confirmation — Form 13, it is always advisable to consult with a qualified attorney or legal professional for accurate and up-to-date information regarding bankruptcy proceedings in North Carolina.