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In a Chapter 13 bankruptcy, a case status labeled 'pending close Z' typically indicates that the case is in the process of being closed, but certain final steps or requirements remain unresolved. This status may suggest that the court is waiting for additional documentation, compliance with the repayment plan, or other actions from the debtor or trustee before officially closing the case. Essentially, it means the case is nearing completion but not yet finalized.
What else can I help you with?
How long after discharge does it take for the bankruptcy case to close?
when you get a letter telling you, your bankruptcy case is close it close at that time.
When did the Borders book stores file for Chapter 11?
The Borders book store filed for Chapter 11 bankruptcy in February of 2011. Borders decided to close 30% of it's Brick-and-Mortar stores after filing for bankruptcy.
Is Six Flags going to close due to Bankruptcy?
No, Six Flags filed for Chapter 11 bankruptcy rather than Chapter 7. Chapter 11 bankruptcy is filed so that a company can restructure it's debt, eliminating much of it, and come out a stronger company. They may close some under performing parks or sell them to another corporation but the parks should remain open in the meantime.
Chapter 13 bankruptcy repayment complete still need court approval to close on the house I am purchasing?
The question is, has the Chapter 13 plan been completed. Merely making the last payment due on the plan does not mean the C. 13 is over. You must have received your discharge from the court, and preferably have had your case closed. Otherwise, you may have to have the court's permission. I would be surprised if you were able to purchase a house and get financing if the c. 13 was still pending, unless you failed to disclose the bankruptcy filing, which could have even more serious consequences for you.
I am currently in chapter 11 and I just lost my job.I can only find as needed work as a nurse close to home. I need something close to home because my vehicle is not working properly. Can I convert to a chapter 7 and if so when. Thanks?
Speak to the attorney who is handling your bankruptcy. Several factors are considered when choosing the type of bankruptcy that is best. Your lawyer can determine if you are eligible for Chapter 7 and if you are at a stage of the process that would permit this type of filing.
If you file a chapter 7 bankruptcy and disclose a pending lawsuit on your chapter 7. If the debt has been discharged can the trustee come back after the money 2 years later?
We are assuming you mean that YOU had a pending lawsuit against someone? if so, then the answer is likely yes. Disclosing it the suit is correct. If it is a viable suit then the bankruptcy trustee steps in your shoes and sues on your behalf and any money recovered goes to the benefit of your estate (your creditors) What likely happened is that the trustee identified the suit as an asset. If so, an asset bankruptcy case will not close (even though you got your discharge) until that asset has been administered. Standard disclaimer here. If you had an attorney, call her. This is a tricky area and you need to be aware of your rights and the rules. If the trustee did not think it was a valuable asset and abandoned that asset, then you may be able to keep the money. This is a big if. Contact your attorney. And follow and requests that the trustee has provided you.
Is Six Flags in St. Louis really going out business?
No, Six Flags filed for Chapter 11 bankruptcy rather than Chapter 7. Chapter 11 bankruptcy is filed so that a company can restructure it's debt, eliminating much of it, and come out a stronger company. They may close some under performing parks or sell them to another corporation but the parks should remain open in the meantime.
What caused business to close?
bankruptcy..
If a bankruptcy has been discharged but still reflects as pending on the title insurance policy due to the fact the trustee needs to close out will that affect the new lender's lien position?
It won't affect the lender's lien position but their policy. Most lenders won't close the loan if the bankruptcy has not been discharged. If you have been given the discharged paper, you can give a copy of it to the lender and the title company so that they have it in their records.
I am my mother's legal trustee due to alzheimers I am filing BK will this affect my trustee status?
Question is unclear. Who are you filing bankruptcy for, her, or you? If for her, it should not affect you, personally or financially, in any way. If you are filing bankruptcy for yourself, your status as the trustee of, and your availability to, someone else's assets may come under close scrutiny by the bankruptcy court and your creditors. It they suspect, or can prove, any co-mingling of your assets with that of your mother's, REAL problems could ensue.
Can you get refund anticipation loan if you have a chapter 7 bankruptcy?
If you are in a C. 7 or within 6 months after the close of your case, any tax refund is property of the bankruptcy estate and must be turned over to the trustee. You may not get a loan against an asset (tax refund) without the court's permission.
Do they close your current bank account when filing for bankruptcy?
No they do not close your Checking or Savings account
