Examples of Debtor in bankruptcy in a sentence
To the extent that any bank requires the Debtor to execute other forms, applications, or other documents for a PPP loan that include any language about whether the Debtor is involved in bankruptcy, the Debtor is authorized to strike the portion of such language about involvement in bankruptcy and the Restraining Parties shall process the forms, applications, or other documents without any consideration of the involvement of the Debtor in bankruptcy.
The Restrained Parties shall consider the application submitted by the Debtor and fully implement all aspects of the PPP program with respect to the Debtor without any consideration of the involvement of the Debtor in bankruptcy.
We may share your information for further processing with the following third parties, which third parties have an obligation to keep your Personal Information secure and confidential: 1.
Such a proposition would seem to run counter to the imposition of the automatic stay which precludes the pursuit, litigation and award of a claim for relief as against a Debtor in bankruptcy whether the claim arises from a pre-petition claim or the claim would ultimately be asserted against the Debtor or property of the Debtor.
However, Debtor has sought protection under the Bankruptcy Code, and LJR’s rights are subject to the protections afforded Debtor in bankruptcy.