Lynn WartchowJan 9, 20143 minChapter 7Typical Questions Asked at the Chapter 7 Meeting of CreditorsThe Meeting of Creditors is typically the only mandatory appearance most debtors will have to make in their bankruptcy proceeding. While...
Lynn WartchowFeb 15, 20133 minChapter 13What Happens after the 341 Meeting of Creditors is Over?The answer to this depends on whether you have filed Chapter 7 or Chapter 13 bankruptcy. (Chapter 11 individual debtors also are required...
Lynn WartchowNov 15, 20123 minChapter 11 ReorganizationManaging the Business During Chapter 11: Reporting and Other RequirementsWhen a business files Chapter 11, it becomes a “debtor-in-possession” of its own affairs as a fiduciary to the bankruptcy estate. What...
Lynn WartchowApr 16, 20122 minChapter 11 ReorganizationThe Role of the “Trustee” in Chapter 11Unlike under other Chapters of the Bankruptcy Code, Chapter 11 is unique in that there is no initial appointment of a trustee. In...
Lynn WartchowApr 6, 20122 minChapter 11 ReorganizationDefined: The Bankruptcy “Trustee” and the “United States Trustee”The terms “trustee” and “United States Trustee” sound similar and often encompass similar objectives, however the role of the trustee in...