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OTHELLO HIGH SCHOOL 340 S. 7th Avenue Othello, Washington 99344 STUDENT HANDBOOK 2020 2021 Student Name: ___ Huskies Futures Advisor: ___ PRINCIPAL Scott SwartzVICE PRINCIPAL James Nonathletic DIRECTOR

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How to fill out debtors chapter 11 case

01

Gather all necessary financial information including income, expenses, assets, and liabilities.

02

Consult with a bankruptcy attorney to ensure all paperwork is completed accurately and on time.

03

Fill out the necessary forms, including the Voluntary Petition, schedules of assets and liabilities, statement of financial affairs, and any other required documents.

04

Attend the meeting of creditors and provide any requested information or documentation.

05

Work with creditors to propose and negotiate a reorganization plan to repay debts over time.

06

Obtain court approval for the reorganization plan and work towards fulfilling its terms to successfully complete the Chapter 11 case.

Who needs debtors chapter 11 case?

01

Businesses facing financial difficulties and seeking to reorganize while continuing operations.

02

Individuals with significant assets or debts who do not qualify for Chapter 13 bankruptcy.

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What is debtors chapter 11 case?

Debtors chapter 11 case is a form of bankruptcy protection that allows a debtor to reorganize their business and debts under the supervision of the court.

Who is required to file debtors chapter 11 case?

Any individual, corporation, or partnership that is unable to pay its debts can file for debtors chapter 11 case.

How to fill out debtors chapter 11 case?

Debtors can fill out the required forms for chapter 11 case with the assistance of an attorney or bankruptcy petition preparer.

What is the purpose of debtors chapter 11 case?

The purpose of debtors chapter 11 case is to provide the debtor with an opportunity to reorganize their finances and create a plan to repay creditors while continuing to operate their business.

What information must be reported on debtors chapter 11 case?

Debtors must report their assets, liabilities, income, expenses, contracts, leases, and other financial information on the chapter 11 case forms.

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