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Case 1810679CSSDoc 89Filed 04/25/18Page 1 of 2IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE In re: CANDY CONTROLS, INC.,1 Debtor.: : : : :Chapter 11 Case No. 1810679 (CSS) Re:
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How to fill out new delaware chapter 11

01
Consult with a bankruptcy attorney to determine if Chapter 11 is appropriate for your situation.
02
Prepare and file a petition for Chapter 11 bankruptcy with the Delaware bankruptcy court.
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Create a reorganization plan outlining how you will repay creditors and continue operating your business.
04
Attend a meeting of creditors to discuss the reorganization plan.
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Obtain approval of the reorganization plan from creditors and the bankruptcy court.
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Begin making payments to creditors as outlined in the approved plan.
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Comply with reporting and financial requirements set forth by the court during the bankruptcy process.

Who needs new delaware chapter 11?

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Businesses that are struggling financially and need to restructure their debts.
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Individuals with high levels of debt who do not qualify for Chapter 7 or Chapter 13 bankruptcy.
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New Delaware Chapter 11 refers to the bankruptcy filing under chapter 11 of the United States Bankruptcy Code in the state of Delaware.
Any individual or business entity that is unable to pay its debts and wishes to reorganize its financial affairs may be required to file for New Delaware Chapter 11.
To fill out New Delaware Chapter 11, the debtor must prepare and submit a petition for bankruptcy, along with various schedules and financial statements to the bankruptcy court.
The purpose of New Delaware Chapter 11 is to give debtors the opportunity to reorganize their debts and develop a plan to repay creditors while staying in business.
Debtors must report detailed financial information, list of assets and liabilities, current income and expenses, contracts and leases, and a proposed repayment plan.
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