File Bankruptcy Lawyer Cortland New York
File Chapter 7 Bankruptcy Lawyer Cortland New York Keith Dayton Attorney at Law - Cortland NY. Bankruptcy, DWI Defense, Criminal Lawyer, Landlord Tenant, Debtor, Creditor, Cortland New York. Keith Dayton Law Office Cortland file chapter 11
Keith Dayton Attorney at Law City of Cortland Bankruptcy Lawyer Cortland I need bankruptcy help in Cortland
Should I File Chapter 7 or 11
Get Bankruptcy help in Cortland New York

CASH COLLATERAL, ADEQUATE PROTECTION, AND OPERATING CAPITAL     (Page 98)

Adequate protection may be required to protect the value of the creditor’s interest in the property being used by the debtor in possession. This is especially important when there is a decrease in value of the property. The debtor may make periodic or lump sum cash payments, or provide an additional or replacement lien that will result in the creditor’s property interest being adequately protected. 11 U.S.C. § 361.

When a chapter 11 debtor needs operating capital, it may be able to obtain it from a lender by giving the lender a court-approved “superpriority” over other unsecured creditors or a lien on property of the estate. 11 U.S.C. § 364.

 

 << BACK     NEXT >>


File Bankruptcy Cortland NY File Bankruptcy Cortland NY File Bankruptcy Cortland NY File Bankruptcy Cortland NY File Bankruptcy Cortland NY File Bankruptcy Cortland NY File Bankruptcy Cortland NY File Bankruptcy Cortland NY File Bankruptcy Cortland NY File Bankruptcy Cortland NY File Bankruptcy Cortland NY File Bankruptcy Cortland NY File Bankruptcy Cortland NY File Bankruptcy Cortland NY File Bankruptcy Cortland NY File Bankruptcy Cortland NY File Bankruptcy Cortland NY

Put Experience, Professionalism, Compassion and Diligence on YOUR Side

  

"The leading rule for the lawyer, as for the man of every other calling, is diligence.
Leave nothing for tomorrow which can be done today."   - Abraham Lincoln



File Bankruptcy Cortland NY

 

HOMEBANKRUPTCY HOME  |  CONTACT

 

20 Groton Avenue, Cortland NY 13045

     
Copyright 2002-2010 All Rights Reserved.   CDayton Marketing Consultants