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We just got this from one company, they have an opened

We just got this from one company, they have an opened invoice of about $17,000.00 what should we do?Choxi.com, Inc. - Debtor's Motion Pursuant to Sections 105(A), 332 and 363 of the Bankruptcy Code [Docket No. 11], Declaration of Tracy L. Klestadt [Docket No. 12] and Order to ShowCauseScheduling Hearing on Shortened Notice [Docket No. 14]On December 5, 2016, the Debtor filed a voluntary petition for Choxi.com, Inc. (the “Debtor”) in the United States Bankruptcy Court for the Southern District of New York (Case No. 16-13131) seeking relief under the provisions of Chapter 11 of the United States Bankruptcy Code.Rust Consulting/Omni Bankruptcy is providing you with a copy of the attached document(s):Debtor's Motion Pursuant to Sections 105(a), 332 and 363 of the Bankruptcy Code and Bankruptcy Rules 2002 and 6004 (A) for an Order (i) Approving License Agreement with Stalking Horse Bidder on an Interim Basis, (ii) Scheduling Bid Procedures Hearing and (iii) Directing the Appointment of a Consumer Privacy Ombudsman, (B) for an Order (i) Approving Bid Protections, (ii) Approving Bid Procedures, (iii) Scheduling an Auction and Final Hearing and (iv) Approving the Form and Manner of Notice Thereof and (C) for an Order Approving License Agreement on a Final Basis or Sale to Successful Bidder Free and Clear of all Liens, Claims and Encumbrances [Docket No. 11]· Declaration of Tracy L. Klestadt Pursuant to Local Bankruptcy Rule 9077-1 in Support of Order to Show Cause Scheduling Hearing on Shortened Notice [Docket No. 12]Order to Show Cause Scheduling Hearing on Shortened Notice on the Debtor's Motion Pursuant to Sections 105(a), 332 and 363 of the Bankruptcy Code and Bankruptcy Rules 2002 and 6004 (A) for an Order (i) Approving License Agreement with Stalking Horse Bidder on an Interim Basis, (ii) Scheduling Bid Procedures Hearing and (iii) Directing the Appointment of a Consumer Privacy Ombudsman, (B) for an Order (i) Approving Bid Protections, (ii) Approving Bid Procedures, (iii) Scheduling an Auction and Final Hearing and (iv) Approving the Form and Manner of Notice Thereof and (C) for an Order Approving License Agreement on a Final Basis or Sale to Successful Bidder Free and Clear of all Liens, Claims and Encumbrances [Docket No. 14]

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DrakeLAW

Juris Doctorate

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In a Chapter 11 bankruptcy, does this document (text below)

In a Chapter 11 bankruptcy, does this document (text below) mean the "Bank of Big" is giving up all claim to the note and the collateral, and making Shaky Financial the beneficiary, no matter what happens in the bankruptcy?United States Bankruptcy CourtCentral District of CaliforniaCase No. 1:16-bk-12345-WBChapter 11In re: Debtor(s) (including Name and Address)John Doe*****Levitown, PANOTICE OF TRANSFER OF CLAIM OTHER THAN FOR SECURITYThe Claim No(s). listed below was/were filed or deemed filed under 11 U.S.C. § 1111(a) in this case by the alleged transferor. As evidence of the transfer of that claim, the transferee filed a Transfer of Claim Other than for Security in the clerk's office of this court on 05/02/2016.Name and Address of Alleged Transferor(s):Claim No. 2:The Bank of Big, Trustee,c/o Subservicer, Inc.,P.O. Box 555, Dallas, TexasName and Address of Transferee:ShakyFinancial LLCPO Box 999Rapid City, SD-- DEADLINE TO OBJECT TO TRANSFER --The alleged transferor(s) of the claim is hereby notified that objections must be filed with the court within twenty-one (21) days of the mailing of this notice. If no objection is timely received by the court, the transferee will be substituted as the original claimant without further order of the court.Date: 05/05/16 Janet J. JonesCLERK OF THE COURT

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Maverick

Doctoral Degree

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I have another question. I'm a Pro Se Ch. 13 filer.

Hi! I have another question. I'm a Pro Se Ch. 13 filer. According to the calculations on form 122C-1: 1) disposable income is not determined undr 11 U.S.C. 1325(b)(3) and 2) the commitment period is 3 years.I have already submitted one 3 year plan but am in the process of modifying it. Are there any prohibitions on my proposing - and getting the court to confirm - a 5 year plan if I so choose?

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Mark

Attorney

Doctoral Degree

478 satisfied customers
I filed a civil action in FL county court (not small claims)

I filed a civil action in FL county court (not small claims) on 9/10/15; and found out afterward the party I was suing filed Ch-13 a few weeks before (8/13/15). After being served with my summons, he amended the schedules of his Ch-13 creditor lists to include me (9/20/15), but by the time all this happened, the first meeting of the creditors had already occurred, and the deadline to object to confirmation had also passed. Confirmation Hearing is scheduled for 11/12/15. Proofs of Claim due by 12/15/2015.QUESTION:Under Federal Bankruptcy Law, for Ch-13, what is a late entering pro se creditor required to do to make an appearance and proffer a proof of claim and then pursue a motion for relief of stay to pursue the county case, or is it too late to get involved?

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Roger

Litigation Attorney

Doctoral Degree

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I am in a Chapter 13. Can I be sued in Civil Court? If I receive

I am in a Chapter 13. Can I be sued in Civil Court? If I receive a Summons, how do I notify the Civil and or BK Court

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Roger

Litigation Attorney

Doctoral Degree

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"Is chapter 13 trustee entitled to any money if I cash out

"Is chapter 13 trustee entitled to any money if I cash out my 401k. The account was claimed as exempt with no timely objections filed. I no longer work with the company the account was started with, so borrowing is not an option. I have about $24,000 inthe account, What are my options?

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Roger

Litigation Attorney

Doctoral Degree

34,298 satisfied customers
HiI am a beginner bankruptcy attorney.I have this situation.

HiI am a beginner bankruptcy attorney.I have this situation. In a Chapter 7 I want to reaffirm a mortgage on an investment property which equity excluding exemption is approximately $10,000. Trustee wants to sell the house. Client is current on mortgage payments. Client reaffirmation does not present a burden.My questions is, what happens with the mortgage payment during the process of selling the property? Do clients need to pay it or stop payments? I am 90% sure that trustee will eventually abandoned the property.How it affects income and expenses schedules were mortgage payment was included as expense?Any help will be appreciated.

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WALLSTREETESQ

Attorney

Doctoral Degree

18,084 satisfied customers
I am trying to find out whether there is any rule that limits

I am trying to find out whether there is any rule that limits how far back they can request documents in a 2004 exam. They are asking for 10 years of documents. They are relevant to the creditor's claims, but it is going to be burdensome. That seems like my only defense. Is there a rule or statute that limits how far back they can go?

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Roger

Litigation Attorney

Doctoral Degree

34,298 satisfied customers
I have a hearing on my Debtors Motion to Amend or make additional

I have a hearing on my Debtors Motion to Amend or make additional findings of fact pursuant to rule 7052, 9014 and 7062 of the F.R.Bank.P. I plan to appeal to the District Court. My question is can I also file with the Notice of Appeal a motion for stay of the enforcement the Order until appeal has been heard? And can I also continue to use the cash collateral opposed to the Chapter 7 trustee in order to manage the estate? A bankruptcy court principal responsibility is to secure the benefits of creditors best possible bid and I am better situated to do that in a more efficient and effective and expeditious manner then the trust. Is their bankruptcy ruling and law for this. 2nd Circuit would be great

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Maverick

Doctoral Degree

7,150 satisfied customers
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