New Jersey Debtors Certification In Support of Motion For Post-Petition Financing is a document that is used by a debtor in a bankruptcy case in the state of New Jersey to provide financial information to a court in support of a motion for post-petition financing. This document typically includes information about the debtor's financial condition, such as assets, liabilities, income and expenses, as well as the debtor's current plan for repaying creditors. There are two types of New Jersey Debtors Certification In Support of Motion For Post-Petition Financing: the Motion for Post-Petition Financing and the Plan Supplement. The Motion for Post-Petition Financing is used to request permission from the court to obtain new financing after the bankruptcy petition has been filed and the Plan Supplement is used to provide the court with more detailed information about the debtor's plan for repaying creditors.
New Jersey Debtors Certification In Support of Motion For Post-Petition Financing
Description
How to fill out New Jersey Debtors Certification In Support Of Motion For Post-Petition Financing?
If you’re searching for a way to properly prepare the New Jersey Debtors Certification In Support of Motion For Post-Petition Financing without hiring a legal professional, then you’re just in the right spot. US Legal Forms has proven itself as the most extensive and reputable library of official templates for every private and business situation. Every piece of documentation you find on our online service is created in accordance with federal and state laws, so you can be sure that your documents are in order.
Follow these simple guidelines on how to get the ready-to-use New Jersey Debtors Certification In Support of Motion For Post-Petition Financing:
- Ensure the document you see on the page corresponds with your legal situation and state laws by examining its text description or looking through the Preview mode.
- Type in the document title in the Search tab on the top of the page and select your state from the list to find an alternative template in case of any inconsistencies.
- Repeat with the content verification and click Buy now when you are confident with the paperwork compliance with all the requirements.
- ​Log in to your account and click Download. Create an account with the service and opt for the subscription plan if you still don’t have one.
- Use your credit card or the PayPal option to purchase your US Legal Forms subscription. The blank will be available to download right after.
- Choose in what format you want to save your New Jersey Debtors Certification In Support of Motion For Post-Petition Financing and download it by clicking the appropriate button.
- Add your template to an online editor to fill out and sign it quickly or print it out to prepare your hard copy manually.
Another great advantage of US Legal Forms is that you never lose the paperwork you purchased - you can pick any of your downloaded blanks in the My Forms tab of your profile whenever you need it.
Form popularity
FAQ
When it comes to filing Chapter 7 bankruptcy, debts incurred before filing are called pre-petition debts, that debtors are discharged from, whereas debts incurred after a filing are post-petition payments, which debtors still must pay on.
Post-petition debt is a debt you obtain after filing your bankruptcy case. These debts are not part of your bankruptcy case and will not be discharged. Any debt you acquire after filing for bankruptcy (even if your case is still pending) is considered post-petition, and you are responsible for paying it.
Generally, the creditor on a post-petition debt cannot collect the debt until either the automatic stay is terminated or the creditor receives permission to collect from the bankruptcy court.
Post-petition tax debts get special treatment in bankruptcy. The court always allows tax creditors to file claims for post-petition tax debts and then the claim gets priority in payment.
Pre-petition debt: All debt that you have incurred prior to your bankruptcy case being filed. You must list all of your Creditors and debt when you file bankruptcy. Pre-petition debt is the debt that we are expecting to be discharged as part of your bankruptcy case.
Post-petition refers to anything that occurs after you've filed for bankruptcy. Conversely, the term ?pre-petition? is used to refer to anything that happened before you filed for bankruptcy. Only ?pre-petition? debts are dischargeable in bankruptcy.