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Not so fast debtor! Need some time before re-opening and discharge in an individual Chapter 11
Manage episode 313806151 series 3288514
Michael Rice에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Michael Rice 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
An individual Chapter 11 debtor moved to re-open his case, which was closed to avoid quarterly UST fees. He also moved for a discharge. Hearing set for the same day. Let's talk about why that's a problem.
The problem is that he was trying obtain both results on the same day. UST objected and the court agreed that the case needs to be re-open long enough for creditors to object, if they're going to.
To read more and link to the Judge Russin's opinion: https://michaelricelaw.com/blog/2021/not-so-fast-debtor/
Please reach out to me! I’m actively looking for new bankruptcy clients, especially challenging cases, adversaries, or contested matters. While I’m only licensed in California and can only give legal advice to California clients, I’d love to hear your story or know if I can help some other way.
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