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It S Only a Section 332 Liquidation What Possibly Could Go Wrong? Operating and Reporting Requirements for Chapter 11 Cases Hawa Form

It S Only a Section 332 Liquidation What Possibly Could Go Wrong? Operating and Reporting Requirements for Chapter 11 Cases Hawa Form

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so when we file the chapter 11 that of course triggers the automatic stay that i've already discussed and then we have a whole lot of stuff we have to do right away uh one of the things we have to get done we try to get a good portion of it prepared before filing the petition although sometimes it's simply not possible because we have to file quickly we have to prepare something called the seven day package now i don't know if this is coast to coast but it's certainly here in the central district of california it's a voluminous thing that we submit to the office of the united states trustee and it has all kinds of documentation of the debtor's assets liabilities income expenses and uh so we have to submit that within seven days of the petition date that's why it's called the seven day package on top of that there are at least three hearings that we're going to have one is called the idi the initial better interview

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