Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What if certain creditors do not agree with the plan?

agree certain Creditors Plan
0
Posted

What if certain creditors do not agree with the plan?

0

It does not matter whether creditors agree with the plan as the trustee makes the determination on whether the plan should be approved. The approval or agreement of one’s creditors is not necessary. However, the court must approve how secured creditors are handled, and creditors may file objections to the plan that the trustee must consider.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123