What happens with the funds on hand with a Chapter 13 Bankruptcy Trustee when a case is Dismissed, Post Confirmation – Michigan

In Michigan, the leading case on this subject is In re: Gonzales (Bankr. W.D. Mich. Dec. 21, 2017). Here, Judge Dales stated that “a chapter 13 trustee in possession of post-confirmation bankruptcy plan payments when the dismissal order is entered must remit them to the debtor, unless a court order provides otherwise.” In re Gonzales, … Read more

4 Finance Options for Hoteliers Surviving the COVID-19 Crisis

  1.   Ask your lender to modify your loan terms and defer payments.  During this difficult period it is important to conduct amicable, transparent, and frequent communication with all stakeholders. This includes lenders along with your corporate business attorney and certified public accountant, as well as your hotel franchise company and any third-party management company. … Read more