Notice chapter 2025

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This document is a notice from the United States Bankruptcy Court for the Eastern District of Virginia regarding a Chapter 13 bankruptcy case. It informs creditors about the debtor's filed Chapter 13 Plan and related motions, which aim to adjust debts, value secured creditors' collateral, avoid certain liens, and address executory contracts. The notice outlines the deadline for filing objections to these motions and provides instructions for creditors on how to respond if they oppose the plan.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is the average monthly payment for Chapter 13?

There is no minimum debt to file bankruptcy, so the amount does not matter.

What are the advantages of Chapter 13 over Chapter 7?

Generally, Chapter 7 is more appropriate for simple cases while Chapter 13 for more complicated bankruptcies. Or somewhat more accurately, Chapter 13 can give you more power over and flexibility with certain kinds of creditors, and if you have non-exempt assets.

Is it better to file Chapter 7 or 13?

Chapter 7 is considered a liquidation bankruptcy: it doesnt require a repayment plan but the business has to sell some assets to pay creditors. Chapter 11 is considered a reorganization bankruptcy that allows businesses to maintain their operations while creating a plan to repay creditors.

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