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LSDefine

Simple English definitions for legal terms

Chapter 9

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A quick definition of Chapter 9:

Chapter 9 is a part of the United States Bankruptcy Code that helps cities and towns that are in debt. It helps them make a plan to pay back the money they owe. When a city or town files for bankruptcy under this chapter, it is called a Chapter 9 bankruptcy case.

A more thorough explanation:

Definition: Chapter 9 is a section of the United States Bankruptcy Code that deals with the process of adjusting a municipality's debts. It is also used to refer to a bankruptcy case filed under this chapter.

Examples:

  • A city in financial distress may file for bankruptcy under Chapter 9 to restructure its debts and regain financial stability.
  • Chapter 9 was used by the city of Detroit in 2013 to address its $18 billion debt and improve its financial situation.

These examples illustrate how Chapter 9 can be used by municipalities to address their financial difficulties and reorganize their debts. It provides a legal framework for cities to negotiate with their creditors and develop a plan to repay their debts over time.

chantry | Chapter 11

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18:41
I think I just wouldn’t reach out and if they ask for them then say that
Dkk
18:41
@tgm Yeah sounds good, say that if they ask
18:47
hey yall
18:47
im premed idk why im here
18:48
we’re like cool and sexy and fun I get it
18:48
true i love ur user
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
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