Washington Order Confirming Plan - Form 15 - Pre and Post 2005 Act

• Category: Bankruptcy - Plans
• State: Multi-State
• Control #: US-BKR-F15
• Format: Word; PDF; Rich Text

Description

This form is an order confirming a plan. The requirements for confirmation have been met and the form must be signed by the presiding judge. This form is data enabled to comply with CM/ECF electronic filing standards. This form is for post 2005 act cases. The Washington Order Confirming Plan — Form 1— - Pre and Post 2005 Act is a legal document relevant to bankruptcy proceedings in the state of Washington. It is used to confirm a debtor's repayment plan that has been proposed to the court. This form is important both prior to and following the 2005 Bankruptcy Abuse Prevention and Consumer Protection Act. Pre-2005 Act: 1. Washington Order Confirming Plan — Form 1— - Pre-2005 Act: This form was used before the implementation of the 2005 Act. It outlines the debtor's proposed repayment plan, including details of how debts will be repaid and over what time period. Post-2005 Act: 1. Washington Order Confirming Plan — Form 1— - Post-2005 Act: This revised version of the form incorporates the changes brought about by the 2005 Act. It includes additional requirements and disclosures tailored to comply with the new bankruptcy laws. Key elements of the Washington Order Confirming Plan — Form 15: 1. Debtor Information: This section requires the debtor's name, contact information, and case number. 2. Plan Overview: A detailed description of the proposed repayment plan, outlining how the debtor intends to repay their debts to creditors and the duration of the plan. 3. Classifying Debts: The form categorizes debts into secured, priority, and unsecured claims. It specifies the treatment of each type of debt under the proposed plan. 4. Treatment of Secured Claims: This section outlines how secured debts, such as mortgages or car loans, will be handled within the repayment plan. It may include provisions for either repayment or surrender of collateral. 5. Priority Debts: It details how priority debts, such as certain taxes or domestic support obligations, will be addressed in the plan. 6. Treatment of Unsecured Claims: This section explains how unsecured debts, like credit card bills or medical expenses, will be handled. It may entail partial repayment or discharge. 7. Plan Payments: Specifies the amount and frequency of payments the debtor will make to the trustee overseeing the bankruptcy case. 8. Confirmation Hearing: This part includes details regarding the schedule and procedures for the confirmation hearing at which the proposed plan will be reviewed and potentially approved by the court. 9. Other Provisions: Additional terms and conditions may be included, such as proposed interest rates, treatment of contingent claims, or any other pertinent information related to the repayment plan. It is important to consult an attorney or bankruptcy professional for accurate guidance on completing the Washington Order Confirming Plan — Form 15. The content above provides a general overview, but specific requirements may vary depending on individual circumstances and the applicable bankruptcy laws in Washington.

The Washington Order Confirming Plan — Form 1— - Pre and Post 2005 Act is a legal document relevant to bankruptcy proceedings in the state of Washington. It is used to confirm a debtor's repayment plan that has been proposed to the court. This form is important both prior to and following the 2005 Bankruptcy Abuse Prevention and Consumer Protection Act. Pre-2005 Act: 1. Washington Order Confirming Plan — Form 1— - Pre-2005 Act: This form was used before the implementation of the 2005 Act. It outlines the debtor's proposed repayment plan, including details of how debts will be repaid and over what time period. Post-2005 Act: 1. Washington Order Confirming Plan — Form 1— - Post-2005 Act: This revised version of the form incorporates the changes brought about by the 2005 Act. It includes additional requirements and disclosures tailored to comply with the new bankruptcy laws. Key elements of the Washington Order Confirming Plan — Form 15: 1. Debtor Information: This section requires the debtor's name, contact information, and case number. 2. Plan Overview: A detailed description of the proposed repayment plan, outlining how the debtor intends to repay their debts to creditors and the duration of the plan. 3. Classifying Debts: The form categorizes debts into secured, priority, and unsecured claims. It specifies the treatment of each type of debt under the proposed plan. 4. Treatment of Secured Claims: This section outlines how secured debts, such as mortgages or car loans, will be handled within the repayment plan. It may include provisions for either repayment or surrender of collateral. 5. Priority Debts: It details how priority debts, such as certain taxes or domestic support obligations, will be addressed in the plan. 6. Treatment of Unsecured Claims: This section explains how unsecured debts, like credit card bills or medical expenses, will be handled. It may entail partial repayment or discharge. 7. Plan Payments: Specifies the amount and frequency of payments the debtor will make to the trustee overseeing the bankruptcy case. 8. Confirmation Hearing: This part includes details regarding the schedule and procedures for the confirmation hearing at which the proposed plan will be reviewed and potentially approved by the court. 9. Other Provisions: Additional terms and conditions may be included, such as proposed interest rates, treatment of contingent claims, or any other pertinent information related to the repayment plan. It is important to consult an attorney or bankruptcy professional for accurate guidance on completing the Washington Order Confirming Plan — Form 15. The content above provides a general overview, but specific requirements may vary depending on individual circumstances and the applicable bankruptcy laws in Washington.