Combined Plan And Disclosure Statement (Judge Hage)

COMBINED PLAN AND DISCLOSURE STATEMENT (Judge Paul R. Hage). This document outlines the Requirements for Information to Include in the Combined Plan and Disclosure Statement for Chapter 11 bankruptcy cases overseen by Judge Paul R. Hage in the U.S. Bankruptcy Court for the Eastern District of Michigan. It serves as a comprehensive guide for debtors who are submitting a combined plan of reorganization and disclosure statement. The form requires detailed disclosures about the debtor’s business type, ownership structure, and financial history, as well as the events that led to the bankruptcy filing. It mandates a liquidation analysis, summaries of post-petition activities, litigation status, and a clear plan for how creditors will be repaid. The document also includes legal requirements related to voting procedures, confirmation standards, and the effect of plan confirmation. It specifies that only impaired classes of creditors may vote, and defines how acceptance and confirmation of the plan are determined under the Bankruptcy Code. It includes instructions on plan modifications, tax ramifications, and the roles of those continuing to manage the debtor’s business. The form ensures transparency and compliance with procedural standards, and it must be completed before the court will consider final approval of the disclosure statement and confirmation of the reorganization plan. www.FormsWorkflow.com