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- Am I not an apostle? am I not free? have I not seen Jesus Christ our Lord? are not ye my work in the Lord?
- If I be not an apostle unto others, yet doubtless I am to you: for the seal of mine apostleship are ye in the Lord.
- Mine answer to them that do examine me is this,
- Have we not power to eat and to drink?
People also ask
What is the difference between Chapter 9 and Chapter 11 bankruptcy?
How is Chapter 9 different from other chapters?
What is Chapter 9 & Chapter 13 reorganization?
What does a bankruptcy court do in a chapter 9 case?
- Purpose of Municipal Bankruptcy
- Eligibility
- Commencement of The Case
- Assignment of Case to A Bankruptcy Judge
- Notice of Case/ objections/ Order For Relief
- Automatic Stay
- Proofs of Claim
- Court's Limited Power
- Role of The U.S. Trustee/Bankruptcy Administrator
- Role of Creditors
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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 amount of principal or interest, or refinancing the debt...
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 a "political subdivision or public agency or instrumentality of a State." 11 U.S.C. § 101(40). The definition is broad enough to include cities, counties, townships, school districts, and public improvement dis...
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 special assessment district that does not have its own officials is commenced by the filing of a voluntary "petition under this chapter by such...
One significant difference between chapter 9 cases and cases filed under other chapters is that the clerk of court does not automatically assign the case to a particular judge. "The chief judge of the court of appeals for the circuit embracing the district in which the case is commenced [designates] the bankruptcy judge to conduct the case." 11 U.S...
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 Bankruptcy Rules provide that the clerk, or such other person as the court may direct, is to give notice. Fed. R. Bankr. P. 2002(f). The notice must also be published "at least once a week for three successive weeks in at...
The automatic stay of section 362 of the Bankruptcy Code is applicable in chapter 9 cases. 11 U.S.C. §§ 362(a), 901(a). The stay operates to stop all collection actions against the debtor and its property upon the filing of the petition. Additional automatic stay provisions are applicable in chapter 9 that prohibit actions against officers and inha...
In a chapter 9 case, the court fixes the time within which proofs of claim or interest may be filed. Fed. R. Bankr. P. 3003(c)(3). Many creditors may not be required to file a proof of claim in a chapter 9 case. For example, a proof of claim is deemed filed if it appears on the list of creditors filed by the debtor, unless the debt is listed as dis...
Sections 903 and 904 of the Bankruptcy Code are designed to recognize the court's limited power over operations of the debtor. Section 904 limits the power of the bankruptcy court to "interfere with – (1) any of the political or governmental powers of the debtor; (2) any of the property or revenues of the debtor; or (3) the debtor's use or enjoymen...
In a chapter 9 case, the role of the U.S. trustee (or the bankruptcy administrator in North Carolina or Alabama) (1) is typically more limited than in chapter 11 cases. Although the U.S. trustee appoints a creditors' committee, the U.S. trustee does not examine the debtor at a meeting of creditors (there is no meeting of creditors), does not have t...
The role of creditors is more limited in chapter 9 than in other cases. There is no first meeting of creditors, and creditors may not propose competing plans. If certain requirements are met, the debtor's plan is binding on dissenting creditors. The chapter 9 debtor has more freedom to operate without court-imposed restrictions. In each chapter 9 c...
Learn about the purpose, eligibility, commencement, and functions of chapter 9 cases, which provide for reorganization of municipalities as debtors under the Bankruptcy Code. Find out how municipalities file, propose, and confirm a plan of debt adjustment, and what are the limitations and differences of this chapter from other chapters.
A. Paul’s heart for Israel. 1. Chapter 9 brings a slight shift in focus to the Book of Romans. a. In Romans chapters one through eight, Paul thoroughly convinced us about man’s need and God’s glorious provision in Jesus Christ through the Holy Spirit. b.
9 The fifth angel sounded his trumpet, and I saw a star that had fallen from the sky to the earth. The star was given the key to the shaft of the Abyss. 2 When he opened the Abyss, smoke rose from it like the smoke from a gigantic furnace. The sun and sky were darkened by the smoke from the Abyss. 3 And out of the smoke locusts came down on the ...
Genesis chapter 9. 1 And God blessed Noah and his sons and said to them, “Be fruitful and multiply and fill the earth. 2 The fear of you and the dread of you shall be upon every beast of the earth and upon every bird of the heavens, upon everything that creeps on the ground and all the fish of the sea.
Matthew 9. New International Version. Jesus Forgives and Heals a Paralyzed Man. 9 Jesus stepped into a boat, crossed over and came to his own town. 2 Some men brought to him a paralyzed man, lying on a mat. When Jesus saw their faith, he said to the man, “Take heart, son; your sins are forgiven.”. 3 At this, some of the teachers of the law ...
Jul 20, 2023 · Explore our free tool. In a Nutshell. Chapter 9 bankruptcy offers relief for struggling municipalities by shielding them from their creditors and allowing them to reorganizing their debts. Municipalities are granted broad authority to reorganize these debts, especially those related to pensions and labor unions.
