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I am a creditor in a Chapter 11 case and the plan of reorganization has been approved. When will payments be distributed?

April 26, 2017Approved Case chapter 11 Creditor distributed PAYMENTS Plan Reorganization

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I am a creditor in a Chapter 11 case and the plan of reorganization has been approved. When will payments be distributed?

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Each specific plan has different provisions pertaining to the time and amounts of creditor payments. Please consult the plan to find out the payment distribution schedule. If you have questions, please consult with your attorney or call the debtor’s attorney and ask him when your class of creditors will be paid.