A creditors committee is normally appointed from the US Trustee. The committee represents every one of the creditors during the bankruptcy proceedings and and might negotiate an appropriate approach of reorganization. A Chapter 11 prepare is confirmed only when there are is vote and settlement of the creditors. Dollars is https://marylandbankruptcylawyers80245.articlesblogger.com/53110947/the-basic-principles-of-maryland-bankruptcy-lawyer