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Case 1841337bem Doc 13 Filed 06/11/18 Entered 06/11/18 07:25:27 Disc Exhibit Consolidated List of 20 Largest Unsecured Creditors Page 1 of 4 Fill in this information to identify the case: Debtor name
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People Also Ask about
What happens to unsecured creditors in Chapter 11?
Most Chapter 11 debtors receive a moratorium on the payment of most of their general unsecured debts for the period between the filing of the case and the confirmation of a plan. This period usually lasts for six to twelve months.
Do you lose anything in Chapter 13?
Chapter 13 can be useful for people with serious debts who worry about losing their homes to bankruptcy. If you adhere to your repayment plan, you'll have a new lease on financial life. Unsecured debts will be gone, but mortgages and car payments might linger.
What are the consequences of Chapter 13?
Any bankruptcy filing could also negatively impact your credit for some time. A Chapter 13 bankruptcy can remain on your credit report for up to 10 years, and you will lose all your credit cards. Bankruptcy also makes it nearly impossible to get a mortgage if you don't already have one.
What happens in Chapter 13?
A chapter 13 bankruptcy is also called a wage earner's plan. It enables individuals with regular income to develop a plan to repay all or part of their debts. Under this chapter, debtors propose a repayment plan to make installments to creditors over three to five years.
What not to do during Chapter 13?
Also do not not incur debt, use credit, credit cards, or enter into leases while in Chapter 13 without Bankruptcy Court approval, except in the case of an emergency for the protection and preservation of life, health or property. Contact your attorney if you need to sell property or incur debt.
What happens after discharge in a Chapter 7?
An individual receives a discharge for most of his or her debts in a chapter 7 bankruptcy case. A creditor may no longer initiate or continue any legal or other action against the debtor to collect a discharged debt. But not all of an individual's debts are discharged in chapter 7.
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Official form 204 is a document required by the government to report specific information.
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The purpose of official form 204 is to collect data for regulatory or statistical purposes.
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