What does it mean to have a general partnership?
June 22, 2017What happens to tax liens that survive the Chapter 7 discharge?
June 22, 2017Our Professional Answer:
In a Chapter 11, like every other bankruptcy, you pay a filing fee. What’s unique about a Chapter 11 is that you also pay a quarterly fee to the United States Trustee Department. That quarterly fee is going to be based on the distributions. If during the quarter, you write checks for X amount of dollars, the fee schedule will say, based on that, you have to pay a fee to the US Trustee program of Y dollars.
