proof of claim

Official Bankruptcy Forms Revised To Reflect April 1, 2025 Dollar Amount Adjustments Now In Effect

Bob Eisenbach — Tue, 01 Apr 2025 15:00:00 +0000

As discussed in an earlier post called “Jumping Up: Bankruptcy Code Dollar Amounts Will Increase On April 1, 2025,” various dollar amounts in the Bankruptcy Code and related statutory provisions were increased for cases filed on or after today, April 1, 2025. This chart has a list of all of the dollar amount changes now in effect. The official bankruptcy forms have also been revised to…

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Amendments To The Federal Rules Of Bankruptcy Procedure Take Effect December 1, 2017

Bob Eisenbach — Tue, 14 Nov 2017 16:22:18 +0000

Just about every year amendments are made to the rules that govern how bankruptcy cases are managed — the Federal Rules of Bankruptcy Procedure. The amendments address issues identified by an Advisory Committee made up of federal judges, bankruptcy attorneys, and others. As the photo above reminds us, the rule amendments are ultimately adopted by the U.S. Supreme Court (and technically subject to…

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Official Bankruptcy Forms Revised To Reflect April 1, 2016 Dollar Amount Adjustments Now In Effect

Bob Eisenbach — Fri, 01 Apr 2016 14:56:34 +0000

As discussed in an earlier post called “Going Up: Bankruptcy Code Dollar Amounts Will Increase On April 1, 2016,” various dollar amounts in the Bankruptcy Code and related statutory provisions were increased for cases filed on or after today, April 1, 2016. This information sheet has a list of all the dollar amount changes now in effect. The official bankruptcy forms have also been revised to…

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Major Overhaul Of Federal Bankruptcy Forms, Plus An Accompanying Rule Amendment, To Take Effect December 1, 2015

Bob Eisenbach — Tue, 17 Nov 2015 15:43:35 +0000

Almost every year, changes are made to the set of rules that govern how bankruptcy cases are managed — the Federal Rules of Bankruptcy Procedure. The changes address issues identified by an Advisory Committee made up of federal judges, bankruptcy attorneys, and others. Often there are revisions to the official bankruptcy forms as well. One Little Rule Amendment? This year’s amendments impact…

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Mandatory Subordination: How Even A Money Judgment Can Be Treated Like Equity In Bankruptcy

Bob Eisenbach — Tue, 14 Apr 2015 15:14:21 +0000

When an insolvent entity files for bankruptcy, it can be tough to be a creditor. But holding equity — stock in a corporation or a membership interest in an LLC, a limited liability company — can be even worse. Under bankruptcy’s “absolute priority rule,” creditors generally must be paid in full before equity gets anything. That usually means that holders of equity, or claims treated as equity…

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Cooley GO: A Great New Resource For Entrepreneurs And Their Companies

Bob Eisenbach — Wed, 23 Jul 2014 19:59:19 +0000

Cooley GO Earlier this month, Cooley LLP launched Cooley GO, a terrific new resource center for entrepreneurs with businesses at all stages of the growth cycle. Cooley GO is a mobile-friendly microsite that provides a wide range of free legal and business content covering formation, financing, building a team, working with directors and advisors, intellectual property, M&A, IPOs and more.

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Why Creditors Can’t Afford To Ignore Objections To Bankruptcy Claims

Bob Eisenbach — Tue, 01 Jul 2014 15:03:47 +0000

It’s been several years since I last posted about objections to bankruptcy claims, and the topic is so important to creditors that it’s time to revisit it. File And Forget? When a customer or other party with which you do business files bankruptcy, it’s important to file a proof of claim on time by the deadline (also known as a “bar date”) set in the case. Once you do, however…

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Official Bankruptcy Forms Revised To Reflect April 1, 2013 Dollar Amount Adjustments

Bob Eisenbach — Mon, 01 Apr 2013 13:09:24 +0000

As discussed in an earlier post called "Going Up: Bankruptcy Dollar Amounts Will Increase On April 1, 2013," various dollar amounts in the Bankruptcy Code and related statutory provisions were increased for cases filed on or after today, April 1, 2013. Now several official bankruptcy forms have been revised to reflect these new dollar amounts. Remember, the increased dollar amounts reflected…

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Amendments To Federal Bankruptcy Rules, Official Forms, And Federal Rules Of Evidence Are Now In Effect

Bob Eisenbach — Thu, 01 Dec 2011 12:20:24 +0000

Bankruptcy Rule Amendments. As reported in a post last month, this year’s amendments to the Federal Rules of Bankruptcy Procedure have now taken effect today, December 1, 2011. Amended Official Bankruptcy Forms. In addition to the national bankruptcy rules, revisions have been made to a number of the official bankruptcy forms. This sentence contains a link to a set of these updated official…

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Amendments To The Federal Bankruptcy Rules, Including Rule 2019, To Take Effect December 1, 2011

Bob Eisenbach — Wed, 16 Nov 2011 14:46:28 +0000

Almost every year, changes are made to the set of rules that govern how bankruptcy cases are managed — the Federal Rules of Bankruptcy Procedure. The changes address issues identified by an Advisory Committee made up of federal judges, bankruptcy attorneys, and others. There are seven amendments to the national bankruptcy rules this year. Some affect bankruptcy cases involving individuals but…

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