Rhode Island Order Discharging Debtor After Completion of Chapter 12 Plan - updated 2005 Act form

• Category: Bankruptcy - Discharges
• State: Multi-State
• Control #: US-B-18F
• Format: Word; PDF; Rich Text

Description

The form provides that the debtor is granted discharge under 11 U.S.C. section 1228(a). The form also requires a signature by the bankruptcy judge.

Rhode Island Order Discharging Debtor After Completion of Chapter 12 Plan — Updated 2005 Act Form: A Comprehensive Guide In Rhode Island, the Order Discharging Debtor After Completion of Chapter 12 Plan — Updated 2005 Act form is a legal document that provides relief to debtors who have successfully completed their Chapter 12 bankruptcy plan. This form is specifically designed for individuals or family farmers seeking debt relief under Chapter 12 of the U.S. Bankruptcy Code. Under Chapter 12 bankruptcy, family farmers or family fishermen have the opportunity to restructure their debts and develop a repayment plan over a period of 3 to 5 years. The Order Discharging Debtor After Completion of Chapter 12 Plan — Updated 2005 Act form is the final step in this process, where the court grants a discharge to the debtor, relieving them from any remaining personal liability for the debts covered by the plan. Rhode Island recognizes the importance of this form and offers an updated version aligned with the 2005 Act amendments to the Bankruptcy Code. These amendments aimed to promote consistency and efficiency in the bankruptcy process while providing comprehensive relief to debtors. It is crucial to ensure that you are using the correct, updated form to comply with the latest regulations and requirements. Different Types of Rhode Island Order Discharging Debtor After Completion of Chapter 12 Plan — Updated 2005 Act Forms: 1. Individual Chapter 12 Discharge Order: This form is specifically for individual debtors who have completed their Chapter 12 bankruptcy plan successfully. It discharges the debtor from any remaining personal liability for covered debts and marks the completion of the bankruptcy process. 2. Joint Chapter 12 Discharge Order: When two individuals, often spouses, file a joint Chapter 12 bankruptcy, this form is used to discharge both debtors. It releases both individuals from personal liability for the debts covered by the Chapter 12 plan. 3. Amended Chapter 12 Discharge Order: In some cases, the court may require amendments to the initially issued discharge order. This form is used to update or modify the original discharge order, ensuring accuracy and compliance with any additional requirements or directives from the court. 4. Chapter 12 Discharge Order Reopening: If there is a need to reopen a previously discharged Chapter 12 case, this form is utilized. It allows the court to reconsider the discharge order, often due to unforeseen circumstances or errors that need rectification. Using the correct Rhode Island Order Discharging Debtor After Completion of Chapter 12 Plan — Updated 2005 Act form is crucial to ensure compliance with the specific requirements of Chapter 12 bankruptcy and the state's regulations. It is always advisable to consult an experienced bankruptcy attorney or utilize reliable legal resources to access the most up-to-date and accurate forms. Compliance with the latest regulations not only streamlines the bankruptcy process but also protects the debtor's rights and facilitates a successful transition towards financial recovery.