individual debtor in ch 11 discharge
Posted: Fri Jul 31, 2015 7:25 pm
I am referring to "1141(d)(5)(B) at any time after the confirmation of the
plan, and after notice and a hearing, the court may grant a discharge to
the debtor who has not completed payments under the plan if..."
I believe this allows the court to grant a discharge early even with the
language in Judge Brand's order.
Sincerely,
*Michael Avanesian, Esq. *
Simon Resnik Hayes, LLP
15233 Ventura Blvd., Suite 250
Sherman Oaks, CA 91403
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On Fri, Jul 31, 2015 at 5:57 PM, Giovanni Orantes go@gobklaw.com [cdcbaa] wrote:
>
>
> What language, Mike? Assuming you're not talking about my language, I
> agree; however, my language differs in that it doesn't promise to wait to
> pay unsecureds before asking for the discharge. I represented a debtor in
> a case in which your current firm represented the other and we got the
> discharge well before the unsecureds got paid in full -- indeed, we got the
> discharge a couple of months after confirmation and went ahead and closed
> the case. Those clients can happily dispose of their quickly appreciating
> assets as they wish without fear of any Bankruptcy issue.
>
>
> --
> Giovanni Orantes, Esq.*
> Orantes Law Firm, P.C.
> 3435 Wilshire Blvd. Suite 2920
> Los Angeles, CA 90010
> Tel: (213) 389-4362
> Fax: (877) 789-5776
> e-mail: go@gobklaw.com
> website: www.gobklaw.com
>
> **Certified Bankruptcy Specialist, State Bar of California, Board of Legal
> Specialization*
> *Board Certified - Business Bankruptcy Law - American Board of
> Certification
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> Certification
> Commercial Litigation
> Estate Planning
> Outside General Counsel
>
>
>
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>
> SERVING BAKERSFIELD, LOS ANGELES, ORANGE COUNTY, RIVERSIDE, SAN BERNARDINO
> AND SANTA BARBARA AND THE WORLD FOR CHAPTER 11 AND 15 CASES.
>
>
>
I am referring to "1141(d)(5)(B) at any time after the confirmation of the plan, and after notice and a hearing, the court may grant a discharge to the debtor who has not completed payments under the plan if..."I believe this allows the court to grant a discharge early even with the language in Judge Brand's order.Sincerely,Michael Avanesian, Esq.Simon Resnik Hayes, LLP15233 Ventura Blvd., Suite 250Sherman Oaks, CA 91403Tel: 818.783.6251 | Cel: 818.817.1725Confidentiality:This electronic transmission and its contents are legally privileged and confidential information and intended solely for the use of the addressee. If the reader of this message is not the intended recipient, you are hereby notified that any dissemination, distribution, copying or other use of this message and its contents is strictly prohibited. If you have received this transmission in error, please reply to us immediately and delete this message from your directory.IRS Circular 230 Disclosure:To ensure compliance with requirements imposed by the IRS, please be advised that any U.S. federal tax advice contained in this communication (including any attachments) is not intended or written to be used or relied upon, and cannot be used or relied upon, for the purpose of (i) avoiding penalties under the Internal Revenue Code, or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein.
On Fri, Jul 31, 2015 at 5:57 PM, Giovanni Orantes go@gobklaw.com [cdcbaa] <cdcbaa@yahoogroups.com> wrote:
What language, Mike? Assuming you're not talking about my language, I agree; however, my language differs in that it doesn't promise to wait to pay unsecureds before asking for the discharge. I represented a debtor in a case in which your current firm represented the other and we got the discharge well before the unsecureds got paid in full -- indeed, we got the discharge a couple of months after confirmation and went ahead and closed the case. Those clients can happily dispose of their quickly appreciating assets as they wish without fear of any Bankruptcy issue.-- Giovanni Orantes, Esq.*Orantes Law Firm, P.C.3435 Wilshire Blvd. Suite 2920Los Angeles, CA 90010Tel: (213) 389-4362Fax: (877) 789-5776e-mail: go@gobklaw.comwebsite: www.gobklaw.com
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