In Wyoming, an individual filing for Chapter 11 bankruptcy must provide a list of creditors with the 20 largest unsecured claims against them who are not insiders. This list is known as the “List of Creditors Who Have the 20 Largest Unsecured Claims Against You Who Are Not Insiders.” This list is compiled and filed with the U.S. Bankruptcy Court and must include the name, address, and amount of the twenty largest unsecured claims. This list must be filed within 15 days of the filing of the petition in bankruptcy. Creditors on the list may be individuals, corporations, or other entities. Unsecured claims are debts which are not backed by any form of collateral, such as a mortgage or lien. Insiders are individuals or entities that are closely related to the debtor, such as family members, business partners, employers, or creditors.
Wyoming For Individual Chapter 11 Cases: The List of Creditors Who Have the 20 Largest Unsecured Claims Against You Who Are Not Insiders
Description
How to fill out Wyoming For Individual Chapter 11 Cases: The List Of Creditors Who Have The 20 Largest Unsecured Claims Against You Who Are Not Insiders?
If you’re looking for a way to appropriately complete the Wyoming For Individual Chapter 11 Cases: The List of Creditors Who Have the 20 Largest Unsecured Claims Against You Who Are Not Insiders without hiring a legal representative, then you’re just in the right spot. US Legal Forms has proven itself as the most extensive and reputable library of formal templates for every personal and business situation. Every piece of documentation you find on our web service is designed in accordance with nationwide and state laws, so you can be certain that your documents are in order.
Adhere to these straightforward guidelines on how to obtain the ready-to-use Wyoming For Individual Chapter 11 Cases: The List of Creditors Who Have the 20 Largest Unsecured Claims Against You Who Are Not Insiders:
- Make sure the document you see on the page meets your legal situation and state laws by checking its text description or looking through the Preview mode.
- Type in the form title in the Search tab on the top of the page and select your state from the dropdown to locate an alternative template if there are 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 choose the subscription plan if you still don’t have one.
- Use your credit card or the PayPal option to pay for your US Legal Forms subscription. The document will be available to download right after.
- Decide in what format you want to save your Wyoming For Individual Chapter 11 Cases: The List of Creditors Who Have the 20 Largest Unsecured Claims Against You Who Are Not Insiders and download it by clicking the appropriate button.
- Import your template to an online editor to fill out and sign it quickly or print it out to prepare your paper copy manually.
Another great thing about US Legal Forms is that you never lose the paperwork you acquired - you can find any of your downloaded templates in the My Forms tab of your profile whenever you need it.
Form popularity
FAQ
As a result, most Chapter 13 plans do not have to provide for the repayment of unsecured debts. The only instance when Chapter 13 plans must provide for payment of unsecured debts is when an unsecured creditor objects to the plan. If this happens, the debtor must pass a ?disposable income? test.
Most Chapter 11 debtors receive a moratorium on the payment of most of their general unsecured debts for the period between the filing of the case and the confirmation of a plan. This period usually lasts for six to twelve months.
An unsecured creditor is a creditor that does not have any form of security (excluding personal guarantees) over a liability owed to it/them. Hence the term unsecured. Unsecured creditors rank last for dividend purposes, with only shareholders ranking after them.
Some of the most common types of unsecured creditors include credit card companies, utilities, landlords, hospitals and doctor's offices, and lenders that issue personal or student loans (though education loans carry a special exception that prevents them from being discharged).
Under the priority system, certain unsecured creditors are entitled to full payment before other unsecured creditors receive anything at all. Whether a creditor filed a proof of claim form within the deadline also influences the order of payment.
List E : Unsecured Creditors.
Unsecured creditors include suppliers, customers, contractors, and clients of the insolvent company, who must make a claim for repayment of their debt.
Unsecured creditors are divided between preferred and non-preferred, as certain unclaimed creditors like employees and tax agencies are given priority.