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The purpose of chapter 9 is to provide a financially-distressed municipality protection from its creditors while it develops and negotiates a plan for adjusting its debts. Reorganization of the debts of a municipality is typically accomplished either by extending debt maturities, reducing the … See more Only a "municipality" may file for relief under chapter 9. 11 U.S.C. § 109(c). The term "municipality" is defined in the Bankruptcy Code as … See more One significant difference between chapter 9 cases and cases filed under other chapters is that the clerk of court does not automatically assign … See more Municipalities must voluntarily seek protection under the Bankruptcy Code. 11 U.S.C. §§ 303, 901(a). They may file a petition only under chapter 9. A case under chapter 9 concerning an unincorporated tax or … See more The Bankruptcy Code requires that notice be given of the commencement of the case and the order for relief. 11 U.S.C. § 923. The … See more WebLawyer Serving Wayne County, MI. (586) 775-0600. Wayne County, MI Attorney with 20 years of experience. Federal Bar for the Western District of Michigan and Federal Bar of … eva thioune
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