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Annex A TITLE 52. PUBLIC UTILITIES PART I. PUBLIC UTILITY COMMISSION Subpart C. FIXED SERVICE UTILITIES CHAPTER 56. STANDARDS AND BILLING PRACTICES FOR RESIDENTIAL PUBLIC UTILITY SERVICE Subchapter
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Subchapter V is a part of the United States Bankruptcy Code that provides a streamlined process for small businesses to reorganize their debts while remaining in control of their operations.
Small business debtors with specific debt limits and who meet certain eligibility criteria are required to file under Subchapter V.
To fill out Subchapter V, debtors must complete the required bankruptcy forms, including the petition and schedules detailing assets, liabilities, income, and expenses, and submit them to the bankruptcy court.
The purpose of Subchapter V is to provide small businesses with a more efficient and less expensive way to reorganize their debts and emerge from bankruptcy.
Debtors must report information related to their assets, liabilities, income, expenses, a proposed repayment plan, and any other relevant financial details.
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