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Montana Mont. LBF 10. NOTICE of CONVERSION TO CHAPTER 7 [MONT. LBR 1017-1(a)(4)

State:
Montana
Control #:
MT-SKU-0021
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Word
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Mont. LBF 10. NOTICE OF CONVERSION TO CHAPTER 7 [MONT. LBR 1017-1(a)(4)

Montana Mont. LBF 10. NOTICE of CONVERSION TO CHAPTER 7 [MONT. LB 1017-1(a)(4) is a notice that a debtor files with the court when they would like to convert their bankruptcy case from Chapter 13 to Chapter 7. This notice must include a statement of the debtor's current monthly income, applicable monthly expenses, and the debtor's current financial situation. The notice also requires the debtor to provide an explanation of why they are converting from Chapter 13 to Chapter 7, and must be filed with the court before the conversion can be completed. There are two types of Montana Mont. LBF 10. NOTICE of CONVERSION TO CHAPTER 7 [MONT. LB 1017-1(a)(4): voluntary conversion and involuntary conversion. Voluntary conversion occurs when the debtor voluntarily chooses to switch from Chapter 13 to Chapter 7, while involuntary conversion occurs when the court orders the conversion, usually due to a lack of compliance with Chapter 13 requirements.

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Montana Mont. LBF 10. NOTICE of CONVERSION TO CHAPTER 7 [MONT. LBR 1017-1(a)(4)