Posts in 2015

Dec 18 What Do I Need to Do to Close My Bankruptcy Case?

What needs to be done to close out your case and help you obtain your discharge depends on the chapter of bankruptcy you are in ...

Aug 28 The Purpose of Chapter 11 and Eligibility

Although Chapter 11 is generally associated with corporate debtors or other commercial entities such as partnerships or ...

Aug 27 The New Value Exception to the Absolute Priority Rule in Chapter 11 Cases

ABSOLUTE PRIORITY RULE – 11 U.S.C. 1129(b)(2)(B)(ii) The absolute priority rule generally requires that all unsecured creditors be ...

Aug 14 Chapter 12 of the Bankruptcy Code: Family Farmers and Fisherman

Chapter 12 of the Bankruptcy Code was enacted in 1986 following a period of economic hardship for farmers. Chapter 12 shares many ...

Aug 07 Can a Corporation File for Chapter 7 Relief?

A corporate debtor does not receive a discharge under Chapter 7, but can still file. As a result, the corporation becomes a shell ...

Jun 24 Individual Chapter 11s Confirmed in Eastern, Southern, Northern and Southern Districts of California

Financial Relief Law Center continues to obtain confirmation orders in individual Chapter 11s with confirmation orders achieved in ...