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New York Chapter 11 Final/Post Confirmation Report & Account Instructions

State:
New York
Control #:
NY-BKR-449W
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PDF
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Description

Chapter 11 Final/Post Confirmation Report & Account Instructions

New York Chapter 11 Final/Post Confirmation Report & Account Instructions are the guidelines for creditors and other parties to follow when filing a report or account related to a Chapter 11 Bankruptcy case in New York. These instructions cover all aspects of the filing process, including filing deadlines, filing requirements, and other requirements such as the content and format of the report or account. There are two types of New York Chapter 11 Final/Post Confirmation Report & Account Instructions. The first type is the Final Report & Account Instructions, which include information on how to submit a final report and account to the court and the U.S. Trustee. The second type is the Post Confirmation Report & Account Instructions, which include information on how to submit a post-confirmation report and account to the court and the U.S. Trustee.

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FAQ

This chapter of the Bankruptcy Code generally provides for reorganization, usually involving a corporation or partnership. A chapter 11 debtor usually proposes a plan of reorganization to keep its business alive and pay creditors over time. People in business or individuals can also seek relief in chapter 11.

The post-confirmation administration of a reorganization plan in a Chapter 11 bankruptcy case initiates with a court order. In certain cases, the trustee or the creditors' committee initiates certain legal actions in the bankruptcy court to object the claims of the debtor, or for recovery of funds.

2. INITIAL DEBTOR INTERVIEW. In chapter 11 cases, the United States Trustee will meet with the debtor and debtor's counsel prior to the section 341 meeting of creditors to obtain requested information and ensure that the debtor understands the requirements of these guidelines.

Monthly Operating Report or ?MOR? means a report form provided or approved by the Commissioner for use by a permittee in submitting data to the Department related to the operation of a facility.

More info

What is the PCR and who must complete it? Uniform Chapter 11 Monthly Operating Reports and PostConfirmation Quarterly Reports (Effective June 21, 2021).Contact the UST if you have any questions about the completion of the form. Requirements: Required quarterly, once plan becomes effective. Complete the form for Plan Disbursements attached. 10. Postconfirmation Report. Starting in June 2021, debtorsinpossession and chapter 11 trustees will have new standardized monthly operating reports to complete. Under Chapter 11 of Title 11" (hereinafter referred to as the "Final Rule"). Postconfirmation Report. Starting in June 2021, debtorsinpossession and chapter 11 trustees will have new standardized monthly operating reports to complete.

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New York Chapter 11 Final/Post Confirmation Report & Account Instructions