Brandon Y. asked

⚖️  Law

Is a Chapter 11 debtor in possession required to file monthly operating reports, and what happens if they fail to do so? Additionally, if a house owned by the debtor is co-owned with the debtor's spouse, can that asset be liquidated if the case is converted to Chapter 7?

April 18th, 2023

Caitlin J. answered

Yes, a Chapter 11 debtor in possession is required to file monthly operating reports, submit quarter...

April 18th, 2023

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