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Ch11, Disclosure, Plan and confirmation at the same hearing?

Posted: Mon Jun 23, 2014 4:00 pm
by Yahoo Bot

I agree with Michael. Why go to the bother of getting a plan confirmed? Do you need a confirmation order or a discharge for some reason we don't see based on these facts?
- John D. Faucher
818/889-8080
On Monday, June 23, 2014 3:52 PM, "Michael Avanesian michael@avanesianlaw.com [cdcbaa]" wrote:
My first reaction is why not move to dismiss the case? Have family put sufficient funds into your IOLTA account to pay everyone 100% including the USTE. Make sure Court approves your fees.
Sincerely,
Michael Avanesian
On Mon, Jun 23, 2014 at 2:52 PM, 'Larry Webb' larry@webbklaw.com [cdcbaa] wrote:
>
>I have a chapter 11 disclosure statement and plan ready to file this week.ay a third trust deed arrearage and a few small unsecured credit cards (less than $5,000 in unsecured). With this new cash, the administrative claims, fees, the arrearage and all claims can be paid 100% on the effective date The first and second mortgage are current. I donthe disclosure statement and plan for approval and at the same hearing set a motion to confirm the plan. Im relying on 1125(f) and 105(d)(2)(B)(vi) to do this; however Im not finding any sample case where someone has done this before. Am I missing something or is this just a rare opportunity? Before Judge Peter Carroll in Santa Barbara.
>
>
>Best Regards
>Larry Webb
>Law Office of Larry Webb
>484 Mobil Ste 43
>Camarillo, Ca 93010
>805-987-1400
>http://www.thousandoaksprobate.com/
>Email Larry@webbklaw.com
>

The post was migrated from Yahoo.

Ch11, Disclosure, Plan and confirmation at the same hearing?

Posted: Mon Jun 23, 2014 3:52 pm
by Yahoo Bot

My first reaction is why not move to dismiss the case? Have family put
sufficient funds into your IOLTA account to pay everyone 100% including the
USTE. Make sure Court approves your fees.
Sincerely,
Michael Avanesian
On Mon, Jun 23, 2014 at 2:52 PM, 'Larry Webb' larry@webbklaw.com [cdcbaa] wrote:
>
>
> I have a chapter 11 disclosure statement and plan ready to file this
> week. The debtors family has just come forth with CASH to pay a third
> trust deed arrearage and a few small unsecured credit cards (less than
> $5,000 in unsecured). With this new cash, the administrative claims, fees,
> the arrearage and all claims can be paid 100% on the effective date The
> first and second mortgage are current. I dont see any impaired
> creditors, no one to vote. I intend to file the disclosure statement and
> plan for approval and at the same hearing set a motion to confirm the
> plan. Im relying on 1125(f) and 105(d)(2)(B)(vi) to do this; however Im
> not finding any sample case where someone has done this before. Am I
> missing something or is this just a rare opportunity? Before Judge Peter
> Carroll in Santa Barbara.
>
>
>
>
>
> Best Regards
>
> Larry Webb
>
> Law Office of Larry Webb
>
> 484 Mobil Ste 43
>
> Camarillo, Ca 93010
>
> 805-987-1400
>
> http://www.thousandoaksprobate.com/
>
> Email Larry@webbklaw.com
>
>
>
>
>
My first reaction is why not move to dismiss the case? Have family put sufficient funds into your IOLTA account to pay everyone 100% including the USTE. Make sure Court approves your fees.
Sincerely, Michael Avanesian
On Mon, Jun 23, 2014 at 2:52 PM, 'Larry Webb' larry@webbklaw.com [cdcbaa] <cdcbaa@yahoogroups.com> wrote:

The post was migrated from Yahoo.

Ch11, Disclosure, Plan and confirmation at the same hearing?

Posted: Mon Jun 23, 2014 2:52 pm
by Yahoo Bot

I have a chapter 11 disclosure statement and plan ready to file this week.
The debtor's family has just come forth with CASH to pay a third trust deed
arrearage and a few small unsecured credit cards (less than $5,000 in
unsecured). With this new cash, the administrative claims, fees, the
arrearage and all claims can be paid 100% on the effective date The first
and second mortgage are current. I don't see any impaired creditors, no
one to vote. I intend to file the disclosure statement and plan for
approval and at the same hearing set a motion to confirm the plan. I'm
relying on 1125(f) and 105(d)(2)(B)(vi) to do this; however I'm not finding
any sample case where someone has done this before. Am I missing something
or is this just a rare opportunity? Before Judge Peter Carroll in Santa
Barbara.
Best Regards
Larry Webb
Law Office of Larry Webb
484 Mobil Ste 43
Camarillo, Ca 93010
805-987-1400
http://www.thousandoaksprobate.com/
Email Larry@webbklaw.com

The post was migrated from Yahoo.