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Case 2041504elm11 Doc 539 Filed 10/12/20Entered 10/12/20 11:47:52Page 1 of 109UNITED STATES BANKRUPTCY COURT FOR THE NORTHERN DISTRICT OF TEXAS FORT WORTH DIVISION IN RE: DIAMONDBACK INDUSTRIES, INC.,

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How to fill out joint chapter 11 plan

01

Consult with an attorney who specializes in bankruptcy law to ensure the joint chapter 11 plan is properly filled out.

02

Gather all necessary financial documents and information for all parties involved in the joint plan.

03

Clearly outline the proposed repayment terms, including how creditors will be paid and over what duration of time.

04

Detail any proposed changes to existing contracts or agreements that will be affected by the bankruptcy.

05

Include any pertinent information regarding assets and liabilities for each party involved.

06

Review and double-check all information provided before submitting the joint chapter 11 plan to the bankruptcy court.

Who needs joint chapter 11 plan?

01

Businesses, partnerships, or corporations that are facing financial distress and are seeking protection under chapter 11 bankruptcy.

02

Entities that have multiple parties with financial ties that need to come together to reorganize and pay off debts through a joint plan.

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What is joint chapter 11 plan?

Joint chapter 11 plan is a reorganization plan filed by two or more debtors under Chapter 11 of the Bankruptcy Code.

Who is required to file joint chapter 11 plan?

Two or more debtors who want to reorganize their debts together are required to file a joint chapter 11 plan.

How to fill out joint chapter 11 plan?

The joint chapter 11 plan must include details of debtors' assets, liabilities, creditors, proposed treatment of creditors, and other relevant information.

What is the purpose of joint chapter 11 plan?

The purpose of joint chapter 11 plan is to restructure the debtors' obligations and propose a repayment plan to creditors.

What information must be reported on joint chapter 11 plan?

Information such as debtors' financial condition, proposed treatment of each class of creditors, and any other necessary details must be reported on the joint chapter 11 plan.

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