New value exception in small business case/ principals file ch 7
I hit send before I was ready.
2. If principals file CH 7, does CH7 Tee then start running the CH11 Biz????
Holly Roark
Certified Bankruptcy Specialist*
*and Sports Lawyer*
holly@roarklawoffices.com **primary email address**
www.roarklawoffices.com
*Central District of California & District of Idaho* - Consumer Bankruptcy
Attorney
1875 Century Park East, Suite 600 Los Angeles, CA 90067
T (310) 553-2600; F (310) 553-2601
*By State Bar of California Board of Legal Specialization
On Wed, Jan 4, 2017 at 4:54 AM, Holly Roark wrote:
> 1. Can someone give me some sample language for a new value exception to
> the APR in a small business case?
>
> I am trying to understand what really needs to be provided as new value in
> order to pay about 8% to the general unsecureds (liquidation value).
>
>
> 2.This is complicated by personal guarantees but principals can file ch 7
> if necessary.
>
>
>
>
> Holly Roark
> Certified Bankruptcy Specialist*
> *and Sports Lawyer*
> holly@roarklawoffices.com **primary email address**
> www.roarklawoffices.com
> *Central District of California & District of Idaho* - Consumer
> Bankruptcy Attorney
> 1875 Century Park East, Suite 600 Los Angeles, CA 90067
> T (310) 553-2600; F (310) 553-2601
>
> *By State Bar of California Board of Legal Specialization
>
>
>
I hit send before I was ready.2. If principals file CH 7, does CH7 Tee then start running the CH11 Biz????
The post was migrated from Yahoo.
1. Can someone give me some sample language for a new value exception to
the APR in a small business case?
I am trying to understand what really needs to be provided as new value in
order to pay about 8% to the general unsecureds (liquidation value).
2.This is complicated by personal guarantees but principals can file ch 7
if necessary.
Holly Roark
Certified Bankruptcy Specialist*
*and Sports Lawyer*
holly@roarklawoffices.com **primary email address**
www.roarklawoffices.com
*Central District of California & District of Idaho* - Consumer Bankruptcy
Attorney
1875 Century Park East, Suite 600 Los Angeles, CA 90067
T (310) 553-2600; F (310) 553-2601
*By State Bar of California Board of Legal Specialization
1. Can someone give me some sample language for a new value exception to the APR in a small business case?I am trying to understand what really needs to be provided as new value in order to pay about 8% to the general unsecureds (liquidation value).2.This is complicated by personal guarantees but principals can file ch 7 if necessary.
The post was migrated from Yahoo.