What Happens after Your Disclosure Statement Has Been Approved?
The process of filing for Chapter 11 bankruptcy protection can be somewhat complicated, which is why knowing the many steps of the process is integral to both having your Chapter 11 claim approved and your peace of mind preserved. A vital part of this process is drafting and submitting a disclosure statement. Once this is completed however, you may be wondering what comes next.
Do not let the amount of paperwork you must juggle and meeting deadlines become overwhelming. At Eric N. Klein & Associates, P.A., our West Palm Beach bankruptcy attorneys know the many intricacies to filing for Chapter 11 bankruptcy and are prepared to help you through every step of the process. Contact us at 561-353-2800 today.
Documents You Need to Mail
Once you have submitted your disclosure statement and it has been approved, your next step is to mail a variety of documents to several agencies and people. Documents that must be sent to the U.S. Trustee, creditors and equity security holders include:
- Approved disclosure statement
- Reorganization plan
- Time frame during which changes and approvals of the plan can be made
- Any other court mandated documents
In addition you must send the following documents to creditors and equity security holders only:
- Ballot for choosing among different plans, if applicable, and to accept or reject the plan(s)
- Stated time limit for filing any objections
- Notice of the specifics of the confirmation hearing for the plan
Neglecting to send the proper documents to the proper person or organization can be extremely damaging to you and your Chapter 11 bankruptcy claim.
Contact Us
Having a competent and experienced West Palm Beach Chapter 11 bankruptcy lawyer supporting you can make all the difference in your case. Contact the dedicated attorneys of Eric N. Klein & Associates, P.A., by calling 561-353-2800.
