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Inhoud geleverd door Michael Rice. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Michael Rice of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.
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Not so fast debtor! Need some time before re-opening and discharge in an individual Chapter 11

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Manage episode 313806151 series 3288514
Inhoud geleverd door Michael Rice. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Michael Rice of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.

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.

michael@michaelricelaw.com

Attorney advertising. My practice qualifies as a debt relief agency because I help people file for bankruptcy under federal law--among other things!

565 Pier Avenue, #1481, Hermosa Beach, California 90254

  continue reading

7 afleveringen

Artwork
iconDelen
 
Manage episode 313806151 series 3288514
Inhoud geleverd door Michael Rice. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Michael Rice of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.

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.

michael@michaelricelaw.com

Attorney advertising. My practice qualifies as a debt relief agency because I help people file for bankruptcy under federal law--among other things!

565 Pier Avenue, #1481, Hermosa Beach, California 90254

  continue reading

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