Accrued Interest, Creditors, Judgment and Unsecured Creditor

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Accrued Interest

Creditors

Judgment

Unsecured Creditor

Solvent Debtors Must pay the Contractual Post-Petition Interest Rate on Unimpaired Claims

ABI

JANUARY 22, 2023

the United States Court of Appeals for the Ninth Circuit held that solvent-debtors are required to pay unimpaired creditors their bargained for post-petition interest rate. [1] 7] Generally, under the Bankruptcy Code, once a debtor files for bankruptcy, an unsecured claim no longer accrues interest. [8]

Debtor

Debtor Bankruptcy Creditors Unsecured Creditor

SURVIVING FINANCIAL DISTRESS FROM COVID-19 IN THE RESTAURANT, BAR, AND SERVICE INDUSTRY

BN Lawyers

MARCH 23, 2020

Work with Creditors. Most creditors (lenders, suppliers, employees) will be aware of the distress facing the entire service industry. Many creditors will be willing to work with businesses. Creditors face their own pressures. To the extent possible, payments to creditors should be delayed while negotiations are ongoing.

Bankruptcy

Bankruptcy Creditors Lender Lawyers

Creditor Collections Today

Solvent Debtors Must pay the Contractual Post-Petition Interest Rate on Unimpaired Claims

SURVIVING FINANCIAL DISTRESS FROM COVID-19 IN THE RESTAURANT, BAR, AND SERVICE INDUSTRY

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