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

• Category: Bankruptcy - Disclosures
• State: Multi-State
• County: Wake
• 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. Wake North Carolina Order Approving Disclosure Statement and Fixing Hearing on Confirmation — Form 13 Pre and Post 2005 Act In Wake County, North Carolina, the Order Approving Disclosure Statement and Fixing Hearing on Confirmation is an essential legal document that pertains to bankruptcy proceedings. This form, often referred to as Form 13, plays a critical role in both PRE- and post-2005 Act bankruptcy cases. Essentially, the Order Approving Disclosure Statement and Fixing Hearing on Confirmation serves as a judicial approval for the disclosure statement, which is a comprehensive document that provides creditors and other parties involved in the bankruptcy case with detailed information about the debtor's financial situation. The disclosure statement aims to offer sufficient information regarding the proposed plan for reorganization or liquidation of assets. Before the implementation of the Bankruptcy Abuse Prevention and Consumer Protection Act (BAP CPA) in 2005, Wake County used a specific version of Form 13 for bankruptcy cases. This pre-2005 Act version of the form contained specific provisions and requirements that were adjusted according to the bankruptcy laws and regulations in effect at that time. Post-2005 Act, the format and content of Form 13 were modified to comply with the changes introduced by the BAP CPA. The requirements for disclosure and the process for confirming a bankruptcy plan underwent significant revisions during this time. The changes aimed to enhance transparency, protect consumer rights, and establish more efficient proceedings. Different Types of Wake North Carolina Order Approving Disclosure Statement and Fixing Hearing on Confirmation — Form 13 Under the Wake County court system, there are no distinct types of Form 13 for different bankruptcy cases. However, variations may arise depending on the type of bankruptcy proceeding being filed, such as Chapter 7, Chapter 11, or Chapter 13. Subtle differences may exist in terms of the bankruptcy plan, reorganization proposal, and creditors' rights within each specific type of case. However, the underlying purpose of the Order Approving Disclosure Statement and Fixing Hearing on Confirmation remains consistent across all bankruptcy types. It is important to note that the specific content and requirements of Form 13 may vary depending on updates in bankruptcy laws, regulations, and local court rules. To ensure compliance and accuracy in filing this form, it is vital to consult with legal professionals experienced in Wake County bankruptcy proceedings and have up-to-date knowledge of relevant changes in legislation. In conclusion, the Wake North Carolina Order Approving Disclosure Statement and Fixing Hearing on Confirmation — Form 13 Pre and Post 2005 Act is a crucial document in bankruptcy cases. It provides approval for the disclosure statement, ensuring transparency and facilitating the confirmation of the bankruptcy plan. While there are no different types of Form 13 based on Wake County filings, variations may exist depending on the bankruptcy type and applicable legal requirements. Seeking expert legal advice when dealing with bankruptcy petitions is highly recommended.

Wake North Carolina Order Approving Disclosure Statement and Fixing Hearing on Confirmation — Form 13 Pre and Post 2005 Act In Wake County, North Carolina, the Order Approving Disclosure Statement and Fixing Hearing on Confirmation is an essential legal document that pertains to bankruptcy proceedings. This form, often referred to as Form 13, plays a critical role in both PRE- and post-2005 Act bankruptcy cases. Essentially, the Order Approving Disclosure Statement and Fixing Hearing on Confirmation serves as a judicial approval for the disclosure statement, which is a comprehensive document that provides creditors and other parties involved in the bankruptcy case with detailed information about the debtor's financial situation. The disclosure statement aims to offer sufficient information regarding the proposed plan for reorganization or liquidation of assets. Before the implementation of the Bankruptcy Abuse Prevention and Consumer Protection Act (BAP CPA) in 2005, Wake County used a specific version of Form 13 for bankruptcy cases. This pre-2005 Act version of the form contained specific provisions and requirements that were adjusted according to the bankruptcy laws and regulations in effect at that time. Post-2005 Act, the format and content of Form 13 were modified to comply with the changes introduced by the BAP CPA. The requirements for disclosure and the process for confirming a bankruptcy plan underwent significant revisions during this time. The changes aimed to enhance transparency, protect consumer rights, and establish more efficient proceedings. Different Types of Wake North Carolina Order Approving Disclosure Statement and Fixing Hearing on Confirmation — Form 13 Under the Wake County court system, there are no distinct types of Form 13 for different bankruptcy cases. However, variations may arise depending on the type of bankruptcy proceeding being filed, such as Chapter 7, Chapter 11, or Chapter 13. Subtle differences may exist in terms of the bankruptcy plan, reorganization proposal, and creditors' rights within each specific type of case. However, the underlying purpose of the Order Approving Disclosure Statement and Fixing Hearing on Confirmation remains consistent across all bankruptcy types. It is important to note that the specific content and requirements of Form 13 may vary depending on updates in bankruptcy laws, regulations, and local court rules. To ensure compliance and accuracy in filing this form, it is vital to consult with legal professionals experienced in Wake County bankruptcy proceedings and have up-to-date knowledge of relevant changes in legislation. In conclusion, the Wake North Carolina Order Approving Disclosure Statement and Fixing Hearing on Confirmation — Form 13 Pre and Post 2005 Act is a crucial document in bankruptcy cases. It provides approval for the disclosure statement, ensuring transparency and facilitating the confirmation of the bankruptcy plan. While there are no different types of Form 13 based on Wake County filings, variations may exist depending on the bankruptcy type and applicable legal requirements. Seeking expert legal advice when dealing with bankruptcy petitions is highly recommended.