Tag Archives: affirms

A Chapter 13 trustee’s duties are similar to these of a Chapter 7 trustee; nevertheless, a Chapter thirteen trustee has the extra obligations of overseeing the debtor’s plan, receiving payments from debtors, and disbursing plan funds to collectors. – A reorganization chapter, often involving a corporation or partnership. A Chapter eleven debtor usually proposes a plan of reorganization to maintain its enterprise alive and pay collectors over time. People in enterprise or individuals also can seek aid in Chapter eleven. – The chapter of the Bankruptcy Code offering for “liquidation,” […]