Chapter 11 bankruptcy
Posted: Wed Mar 14, 2012 9:46 pm
This is not a consumer Bk question.
Sent from my iPhone
On Mar 13, 2012, at 12:30 PM, "John D. Faucher" wrote:
> 1) Yes.
> 2) I defer to grayer beards than mine, but suggest you file the bankruptcy petition before the state court judge signs the ex parte order.
>
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> On 3/13/12 10:40 AM, "Nicholas S. Nassif" wrote:
>
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> (1) A corporation is suspended by the State of California for not paying the sales tax to the State. It needs to file a Chapter 11 bankruptcy because of a secured creditor. Can it file a Chapter 11 bankruptcy while being suspended?
>
> (2) The secured creditor filed a Complaint and will go into Court Ex Parte and will apply for a receiver. If the Court grants the Ex Parte Motion and signs the Order, what effect will the Automatic Stay have on the Appointment of a Receiver?
>
> Thank you.
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This is not a consumer Bk question. Sent from my iPhoneOn Mar 13, 2012, at 12:30 PM, "John D. Faucher" <j.d.faucher@sbcglobal.net> wrote:A corporation is suspended by the State of California for not paying the sales tax to the State. It needs to file a Chapter 11 bankruptcy because of a secured creditor. Can it file a Chapter 11 bankruptcy while being suspended?(2) The secured creditor filed a Complaint and will go into Court Ex Parte and will apply for a receiver. If the Court grants the Ex Parte Motion and signs the Order, what effect will the Automatic Stay have on the Appointment of a Receiver?Thank you.Nicholas S. Nassif, Esq.
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