Transcription of Practice Pointers: Representing the Individual Chapter 11 ...
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Practice Pointers: Representing the Individual Chapter 11 ...
Practice Pointers: Representing the Individual Chapter 11 Debtor In 2005, the Bankruptcy Abuse Prevention and Consumer Protection Act ( BAPCPA ) changed provisions relating to individuals in Chapter 11. There are significant differences between Chapter 13 and Chapter 11, and some similarities. The following is intended to highlight the major distinctions between Individual Chapter 11 and Chapter 13 cases. It is neither an exhaustive list, nor a replacement for counsel reading the Code and Rules. Getting Started: Attorney Representation: In Ch. 11, counsel must file an application to employ debtor s counsel under 327(a) and file a detailed fee application subject to court approval before receiving payment for services.
3 approved, the court will enter an order approving the disclosure statement, setting a deadline for creditors to vote to accept or reject the plan and to object to the plan, and setting the date of the confirmation hearing.
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