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This document details the motion filed by General Motors Corporation and its subsidiaries in a Chapter 11 bankruptcy case, seeking to establish exclusive procedures for the assertion and resolution
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How to fill out motion for entry of
How to fill out Motion for Entry of Order Pursuant to 11 U.S.C. §§ 105(a) and 503(b)(9)
01
Begin by obtaining the appropriate Motion for Entry of Order Pursuant to 11 U.S.C. §§ 105(a) and 503(b)(9) form.
02
Fill in the case caption at the top of the form, including the name of the debtor, case number, and the court.
03
Clearly specify the relief sought in the motion, detailing the relevant sections of the U.S. Code.
04
Provide a statement of facts that supports the motion, including any pertinent details of the case.
05
Outline the legal basis for the motion by citing relevant statutes, case law, or precedents.
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Include any required attachments, such as affidavits or other supporting documents.
07
Sign and date the motion at the bottom.
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Ensure that copies of the motion are served to all necessary parties and filed with the court.
Who needs Motion for Entry of Order Pursuant to 11 U.S.C. §§ 105(a) and 503(b)(9)?
01
Creditors who are seeking payment for goods received within 20 days before the bankruptcy filing.
02
Debtors who need to assert their rights under § 503(b)(9) for administrative expense claims.
03
Legal counsel representing parties involved in bankruptcy proceedings.
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People Also Ask about
What happens if a creditor does not file proof of claim?
If a secured creditor fails to file proof of claim, then you will not make any payments toward what you owe on your house or car during your repayment plan. At the end of the bankruptcy process, to keep the collateral, you will still owe the full amount of these secured debts. Plus, you may owe interest and other fees.
What is the US Code 503?
11 U.S. Code § 503 - Allowance of administrative expenses. An entity may timely file a request for payment of an administrative expense, or may tardily file such request if permitted by the court for cause.
What are 503 B )( 9 claims?
A 503(b)(9) claim is a specific type of administrative claim awarded to a creditor for “the value of any goods received by the debtor within 20 days before the date of commencement of a case under this title in which the goods have been sold to the debtor in the ordinary course of such debtor's business.” 11 U.S.C.
What is a 503(b)(9 claim?
A 503(b)(9) claim is a specific type of administrative claim awarded to a creditor for “the value of any goods received by the debtor within 20 days before the date of commencement of a case under this title in which the goods have been sold to the debtor in the ordinary course of such debtor's business.” 11 U.S.C.
What is an administrative claim?
Also known as administrative expense claim and administrative expense. A claim for expenses incurred with bankruptcy court approval for the actual and necessary costs of preserving the estate, after the filing of an order for relief (§ 503(b), Bankruptcy Code).
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What is Motion for Entry of Order Pursuant to 11 U.S.C. §§ 105(a) and 503(b)(9)?
A Motion for Entry of Order Pursuant to 11 U.S.C. §§ 105(a) and 503(b)(9) is a legal petition filed in bankruptcy court, requesting the court to recognize and authorize the payment of certain unpaid claims of creditors that arose within 20 days prior to the filing of a bankruptcy case.
Who is required to file Motion for Entry of Order Pursuant to 11 U.S.C. §§ 105(a) and 503(b)(9)?
Debtors in a bankruptcy proceeding who have outstanding claims from creditors for goods received within 20 days prior to the bankruptcy filing are typically required to file this motion.
How to fill out Motion for Entry of Order Pursuant to 11 U.S.C. §§ 105(a) and 503(b)(9)?
To fill out the Motion, the applicant must provide information about the debtor, the specific claims they are seeking approval for, the details of the creditors affected, and a legal basis for the motion under the Bankruptcy Code, ensuring that all forms are filled out accurately and filed with the appropriate court.
What is the purpose of Motion for Entry of Order Pursuant to 11 U.S.C. §§ 105(a) and 503(b)(9)?
The purpose of this motion is to facilitate the payment of administrative expenses for creditors whose claims qualify for priority under the Bankruptcy Code, ensuring that these creditors are compensated for goods provided shortly before the bankruptcy filing.
What information must be reported on Motion for Entry of Order Pursuant to 11 U.S.C. §§ 105(a) and 503(b)(9)?
The motion must include the name and address of the debtor, details of the goods received, the timeline of delivery, a summary of claims being made, supporting evidence for the priority status of these claims, and relevant legal citations.
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