BWR, LLC # 2018-03650-LA11

Chapter 11 Bankruptcy Information

Chapter 11 Bankruptcy is most commonly used for business liquidation and restructuring, Chapter 11 bankruptcy is a way for corporations and partnerships to reorganize their debts. In fact, Chapter 11 cases are typically referred to as "reorganization bankruptcies". A chapter 11 case begins with the filing of a petition with the bankruptcy court serving the area where the debtor has a domicile or residence. A petition may be a voluntary petition, which is filed by the debtor, or it may be an involuntary petition, which is filed by creditors that meet certain requirements. You can read about more here about 11 U.S. Code 301 and 303 - Who may be a debtor. The courts are required to charge a $1,167 case filing fee and a $550 miscellaneous administrative fee. The fees must be paid to the clerk of the court upon filing or may, with the court's permission, be paid by individual debtors in installments. It looks like for this case the business (or individual) has Paid their fees.

Party Summary