Ballot Summary (LBR 3018.1) | Pdf Fpdf Docx | Idaho

 Idaho   Federal   Bankruptcy Court 
Ballot Summary (LBR 3018.1) | Pdf Fpdf Docx | Idaho

Last updated: 5/22/2024

Ballot Summary (LBR 3018.1)

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Description

BALLOT SUMMARY (LBR 3018-1). This form is used in the United States Bankruptcy Court, in the District of Idaho, regarding Chapter 11 bankruptcy cases. It summarizes the ballots submitted by creditors either accepting or rejecting a proposed Chapter 11 Plan filed by the proponent. The plan is scheduled for a confirmation hearing. The form outlines the requirements under 11 U.S.C. § 1129(a)(8) for plan confirmation, stating that each class of claims or interests must accept the plan as a class or be classified as unimpaired under the plan. For impaired classes, the form tabulates the actual ballots received, indicating the number and dollar amount of ballots accepting and rejecting the plan. It also calculates the percentage of acceptance based on both the number of ballots and the dollar amount. www.FormsWorkflow.com

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