Wisconsin 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 Wisconsin Order Approving Disclosure Statement and Fixing Hearing on Confirmation — Form 1— - Pre and Post 2005 Act is a legal document utilized in bankruptcy proceedings. This form is specifically designed for use in Wisconsin and serves to obtain approval for the disclosure statement and establish a hearing for confirmation of a bankruptcy plan. The purpose of the Order Approving Disclosure Statement is to ensure that all relevant information regarding the debtor's financial affairs and proposed reorganization plan is adequately disclosed to all parties involved. This includes details on the debtor's assets, liabilities, income, and expenses, as well as the proposed treatment of creditors and the overall feasibility of the plan. Upon review of the disclosure statement, creditors and other interested parties will have an opportunity to voice their opinions and objections during the confirmation hearing. This hearing aims to determine if the bankruptcy plan complies with the applicable laws and regulations, and if it provides a fair and reasonable resolution for all parties involved. It is important to note that there may be different versions of this form, depending on whether the bankruptcy case is governed by the PRE or post-2005 Act. The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 introduced significant changes to the bankruptcy code, such as the means test and stricter requirements for plan confirmation. The Wisconsin Order Approving Disclosure Statement and Fixing Hearing on Confirmation — Form 1— - Pre-2005 Act would be used for cases filed prior to the enactment of the 2005 Act. In contrast, the Wisconsin Order Approving Disclosure Statement and Fixing Hearing on Confirmation — Form 1— - Post-2005 Act would be applicable to cases filed after the new bankruptcy law came into effect. Both versions of the form serve a similar purpose, but the post-2005 Act version may include additional requirements and considerations based on the amendments introduced by the act. In conclusion, the Wisconsin Order Approving Disclosure Statement and Fixing Hearing on Confirmation — Form 1— - Pre and Post 2005 Act is a crucial legal document used in Wisconsin bankruptcy cases. It ensures that all relevant information is disclosed, allowing interested parties to participate in the confirmation process and assess the feasibility of the proposed bankruptcy plan. The distinction between the PRE and post-2005 Act versions is essential, as the latter incorporates the changes implemented by the Bankruptcy Abuse Prevention and Consumer Protection Act.

The Wisconsin Order Approving Disclosure Statement and Fixing Hearing on Confirmation — Form 1— - Pre and Post 2005 Act is a legal document utilized in bankruptcy proceedings. This form is specifically designed for use in Wisconsin and serves to obtain approval for the disclosure statement and establish a hearing for confirmation of a bankruptcy plan. The purpose of the Order Approving Disclosure Statement is to ensure that all relevant information regarding the debtor's financial affairs and proposed reorganization plan is adequately disclosed to all parties involved. This includes details on the debtor's assets, liabilities, income, and expenses, as well as the proposed treatment of creditors and the overall feasibility of the plan. Upon review of the disclosure statement, creditors and other interested parties will have an opportunity to voice their opinions and objections during the confirmation hearing. This hearing aims to determine if the bankruptcy plan complies with the applicable laws and regulations, and if it provides a fair and reasonable resolution for all parties involved. It is important to note that there may be different versions of this form, depending on whether the bankruptcy case is governed by the PRE or post-2005 Act. The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 introduced significant changes to the bankruptcy code, such as the means test and stricter requirements for plan confirmation. The Wisconsin Order Approving Disclosure Statement and Fixing Hearing on Confirmation — Form 1— - Pre-2005 Act would be used for cases filed prior to the enactment of the 2005 Act. In contrast, the Wisconsin Order Approving Disclosure Statement and Fixing Hearing on Confirmation — Form 1— - Post-2005 Act would be applicable to cases filed after the new bankruptcy law came into effect. Both versions of the form serve a similar purpose, but the post-2005 Act version may include additional requirements and considerations based on the amendments introduced by the act. In conclusion, the Wisconsin Order Approving Disclosure Statement and Fixing Hearing on Confirmation — Form 1— - Pre and Post 2005 Act is a crucial legal document used in Wisconsin bankruptcy cases. It ensures that all relevant information is disclosed, allowing interested parties to participate in the confirmation process and assess the feasibility of the proposed bankruptcy plan. The distinction between the PRE and post-2005 Act versions is essential, as the latter incorporates the changes implemented by the Bankruptcy Abuse Prevention and Consumer Protection Act.