Cut number in the Bankruptcy Agreement

Aug 6th, 2022
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How to cut number in the Bankruptcy Agreement

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hey everybody John skiba here from the consumer Warrior YouTube channel and in this video Im going to share with you the overview of the Chapter 7 bankruptcy process Im recording this in January of 2023. if youre finding yourself in a situation where you think youre gonna have to file for bankruptcy in this coming year I have found that it alleviates a lot of stress a lot of the anxiety and concern that you may have about the bankruptcy process just to get an overview of what to expect but if this is your first time here to my YouTube Channel please click subscribe check on that little bell that way youll be notified each every week when I put out numerous videos itll help you deal with serious debt problems all right lets talk about the Chapter 7 bankruptcy process I know that even saying the b word creates a lot of anxiety with a lot of people uh just because mostly its unknown you know I get people all the time who come into my law practice here in the state of Arizona and t

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The traditional format for a case number the first two digits indicate the year the case was filed; the third digit usually indicates the case type; the next series of digits represent the randomly assigned sequence number with most sequence numbers beginning from 00001 in the current year;
The Bankruptcy Provision. Executory contracts often include provisions that permit the buyer to terminate the contract in the event of the suppliers insolvency, the commencement of a bankruptcy case, the appointment of a receiver under state law, or an assignment for the benefit of creditors.
The nature of the proceeding is abbreviated by a letter code. For example, R stands for a Rate case, and RM is a Rulemaking case. The letter code is then followed by the current year and the number of the case for that year. For example the 2nd rate case for FY2009 would be Docket R2009-2.
You can file for bankruptcy as many times as you like. Bankruptcy laws dont limit people to a particular number of bankruptcies and dont set a minimum period you must wait before filing again. However, theres a catch.
Please note the case numbering format is always: YY-NNNNN (such as 05-12345), do not enter any letters.
When a Chapter 13 case is dismissed, it is, in the view of the court, as though the bankruptcy filing never existed. The automatic stay that had protected the debtor is lifted; creditors may pounce immediately, with results that include: Collections letters.
A complete bankruptcy case number consists of the court division in which the case was filed, the year of filing, the type of case, five additional digits, and the initials of the judge assigned to the case.

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