answersLogoWhite

0

C-11, which is almost always for business corporations, normally has any pre-filing debt delayed (and paid at a reduced amount if at all), but all current amounts....rent after the filing...MUST be paid timely.

User Avatar

Wiki User

16y ago

What else can I help you with?

Related Questions

Will you get paid under Chapter 11?

You mean as an employee, your payroll. Yes.


If I'm laid off in a company under protection from chapter 11 can I expect my vacations to be paid?

Probably not.


What is the definition of Chapter 11 bankruptcy?

To somewhat oversimplify: Chapter 11 is "reorganization" for Corporations or a business, & Chapter 13 is a very similar thing for people. Debts and life are paid off/down and things re-organized. Chapter 7 is flat-out, busted-broke bankruptcy - out of business, not a penny left.


In chapter 11 bankruptcy are bonds paid off when due?

No...basically no prepetition debts are paid...and bonds certainly may never be paid. It many cases, the bondholders get some stock in the newly reorganized company as payment.


What is the ratio of Chapter 7 to Chapter 11 filings for businesses?

what is the ratio of chapter 7 to chapter 11 filings for businesses?


What are the difference between Chapter 7 vs Chapter 11?

The difference between Chapter 7 bankruptcy and Chapter 11 bankruptcy is what happens to a party during the process. Parties undergoing chapter 7 bankruptcy must sell of their assets in an attempt to pay off dept. Chapter 11 allows for one to attempt to maintain their assets. During chapter 11 bankruptcy the party must negotiate with creditors to stay afloat.


When was The Final Chapter created?

The Final Chapter was created on 1997-11-11.


My fiance filed chapter 11 bankruptcy and now we want to get married can the court trustee demand more money?

Make sure that it was a chapter 11 and not a chapter 7 or a chapter 13. Many times there are no trustees in a chapter 11 and chapter 11 is almost always a larger business bankruptcy.


If an LLC declares bankruptcy how are owed employee wages handled?

If an LLC declares Chapter 11 bankruptcy the employees wages will continue to be paid as normal. However, under a Chapter 7 bankruptcy, the employees are listed as creditors, and wages are paid out with other creditors from any remaining assets, if any remain.


Did Shiloh die in chapter 11?

no he dind't die


Which chapter in dead space 2 has the advanced suit?

that would be chapter 11 look around everywhere its somewhere in chapter 11


What chapter is the climax in a single shard?

Chapter 11