Entries categorized as ‘ch 11’

Chapter 7 and 11 Calls
Effective immediately new motions to be heard after Oct. 12 should be noticed for Tue or Wed at 9:30 a.m.
Effectivethe week of Oct. 5 motions and set matters to be heard that week will be set for Thu, Oct. 8.
Effective the week of Oct. 12 J. Wedoff will begin hearing cases on Tuesdays and Wednesdays [regular schedule]. New motions, status hearings, or other set matters now scheduled for a Tue or Wed after Oct. 12 will be heard on the Tue or Wed on which they are scheduled.
Any motion already noticed for a Thu after Oct. 12 will still be heard as set noticed unless movant chooses to re-notice for a Tue or Wed after Oct. 12.
Chapter 13 Call
Judge Doyle will continue to hear Judge Wedoff’s Chapter 13 call on Thursdays at the regularly scheduled times until further notice.
Thank you for your cooperation during the last month in rescheduling Judge Wedoff’s Chapter 7 and 11 matters for Thursdays
To view and download this information in pdf format click here
Categories: ED · IL · ND · administrative · adversary · business filings · call · case update · ch 11 · ch 13 · ch 7 · cir 7 · current-events · data · doyle · filings · notice · opinion · schedule · wedoff · work

To use PACER/RACER you must now agree to be bound by the following redaction policy (Rule 9037. Privacy Protection for Filings Made with the Court)
Rule 9037. Privacy Protection for Filings Made with the Court
a) REDACTED FILINGS. Unless the court orders otherwise, in an electronic or paper filing made with the court that contains an individual’s social-security number, taxpayer-identification number, or birth date, the name of an individual, other than the debtor, known to be and identified as a minor, or a financial-account number, a party or nonparty making the filing may include only:
(1) the last four digits of the social-security number and taxpayer-identification number;
(2) the year of the individual’s birth;
(3) the minor’s initials; and
(4) the last four digits of the financial-account number.
b) EXEMPTIONS FROM THE REDACTION REQUIREMENT. The redaction requirement does not apply to the following:
(1) a financial-account number that identifies the property allegedly subject to forfeiture in a forfeiture proceeding;
(2) the record of an administrative or agency proceeding unless filed with a proof of claim;
(3) the official record of a state-court proceeding;
(4) the record of a court or tribunal, if that record was not subject to the redaction requirement when originally filed;
(5) a filing covered by subdivision (c) of this rule; and
(6) a filing that is subject to § 110 of the Code.
c) FILINGS MADE UNDER SEAL. The court may order that a filing be made under seal without redaction. The court may later unseal the filing or order the entity that made the filing to file a redacted version for the public record.
d) PROTECTIVE ORDERS. For cause, the court may by order in a case under the Code:
(1) require redaction of additional information; or
(2) limit or prohibit a nonparty’s remote electronic access to a document filed with the court.
e) OPTION FOR ADDITIONAL UNREDACTED FILING UNDER SEAL. An entity making a redacted filing may also file an unredacted copy under seal. The court must retain the unredacted copy as part of the record.
f) OPTION FOR FILING A REFERENCE LIST. A filing that contains redacted information may be filed together with a reference list that identifies each item of redacted information and specifies an appropriate identifier that uniquely corresponds to each item listed. The list must be filed under seal and may be amended as of right. Any reference in the case to a listed identifier will be construed to refer to the corresponding item of information.
g) WAIVER OF PROTECTION OF IDENTIFIERS. An entity waives the protection of subdivision (a) as to the entity’s own information by filing it without redaction and not under seal.
Categories: 9037 · Fed. R. Bankr. Proc. · IL · ND · bankruptcy · ch 11 · ch 13 · ch 7 · cir 7 · consumer · current affairs · current-events · data · filings · individual · legislation · notice · opinion · research · right to privacy
In re Raymond Professional Group, Inc. et al., 06 B 16748
Raymond Prof. Group v. William A. Pope Co., 07 A 00639
Opinion Issued Sep. 15, 2009
By Judge Jack B. Schmetterer
To view the opinion in PDF format click here
Categories: BAPCPA · ED · IL · ND · adversary · bankruptcy · business filings · ch 11 · ch 13 · ch 7 · cir 7 · judge · opinion · research · schmetterer

Bankruptcy's Back
From MSN Money By Liz Pulliam Weston
It looks as if last year’s reform law did not really stem the enormous flood of bankruptcies after all. Here are the states with the highest bankruptcy rates. advertisement By Liz Pulliam Weston The lull in bankruptcy filings may already be a thing of the past. Consumer bankruptcy cases plunged to a 20-year low in the first three months of 2006, reflecting the passage of a tough new bankruptcy law last year. But the pace of new filings is already on the rise. Courts now see an average of 2,000 new filings a day — four times the number that were filed in November 2005 after the bankruptcy law went into effect, according to Chris Lundquist, founder of Lundquist Consulting, which tracks bankruptcy trends. If filings continue to rise at anything like this rate — which is not a given, but certainly a possibility — we could see close to 1 million filings by the end of the year. That would still be significantly less than the record filing levels that drove passage of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005. But it would be a pretty clear indication that the bankruptcy juggernaut was just stalled, not cured, by the new law. [read the full piece]
Categories: BAPCPA · Middle class · article · bailout · bankruptcy · blogging · blogs · bubble · business filings · ch 11 · ch 13 · ch 7 · consumer · credit cards · credit counseling · creditor · crisis · current affairs · current-events · data · debt · disposable · economy · elderly · empty-nest · filings · foreclosure · fraud · income · individual · investments · jobs · lists · means test · median income · mortgage · real property · research · short sale

manufacturing dips (again)
Excerpted from March 9, 2009 post Manufacturing Index Contracts for 13th Straight Month by CHRISTOPHER S. RUGABER – economics writer for the Associated Press
A private measure of the nation’s manufacturing sector contracted for the 13th straight month in February, but at a slower pace than expected. The reading suggested to some economists that the decline of the ailing factory sector could be bottoming out, though they expect a recovery is still far in the future. The Institute for Supply Management, a trade group of purchasing executives, said Monday its manufacturing index actually rose to 35.8 from 35.6 in January. Analysts had expected a drop to 33.8, and a reading below 50 indicates the sector is shrinking. [full story]
Categories: bankruptcy · bubble · business filings · ch 11 · crisis · current-events · economy · jobs · research