How Do you convert from a Chapter 11 to Chapter 7?

You file a motion to convert, with copies to the trustee, the US Trustee and creditors. You have to file the appropriate documents for a chapter7 and may have to amend filed documents. Check your...

In chapter 11 bankruptcy, a business (usually) is trying to stay open by modifying its debts and getting rid of some. In a chapter 7 bankruptcy, a business is liquidating itself and usually has to...

You have a right to convert a case, so all you have to do is file a Notice of Conversion. If your district has no rules about the form of the Notice, then you can just create a document with the...

Yes, the necessities would be to be eligible for a chapter 7. If the means test was why you filed a chapter 13, then you would want to re-examine your income now to see what has changed. The pros -...