Promising Payment in Full to Everyone Doesn’t Warrant Confirmation by Itself
Chapter 11 can’t modify a nondebtor’s guarantee of a debtor’s obligations, absent consent from the lender.
%1
Bankruptcy Code
Bankruptcy Code
Bankruptcy Code
Bankruptcy Code
Bankruptcy Code
Claims Discharged in Chapter 7 Revive If the Case Is Converted to Chapter 13
Courts are split over the effect on claims discharged in chapter 7 if the debtor converts the case to chapter 13.