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Iowa Bankruptcy Lawyer / Iowa Bankruptcy Attorney • Chapter 7 Bankruptcy in Iowa & Chapter 13 Personal Bankruptcy in Iowa
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Call 515.261.7526 to schedule an appointment
FAMOUS AND BROKE
J.C. Penney
J.C. Penney's first store went bankrupt when he refused to give Whiskey as a kickback for orders from a large customer. Penny went belly up and got a job in a drapery shop which he later purchased and expanded into 1100 department stores nationwide.
YOU ARE NOT ALONE!
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Changes in § 1324. Confirmation hearing
Specifies When Confirmation Hearing is to be Held
§1324(b) requires that the confirmation
hearing be between 20 and 45 days after the §341 meeting.
Text appearing below in blue is the same in
H.R.333 and S.420. Text
in maroon is only in H.R.333. Text in
green is only in S.420.
11 USC § 1324. Confirmation hearing
(a) Except as provided in subsection (b) and
after notice, the court shall hold a hearing on confirmation of the
plan. A party in interest may object to confirmation of the plan.
(b) The hearing on confirmation of the plan may
be held not earlier than 20 days and not later than 45 days after the date
of the meeting of creditors under section 341(a).
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