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56Chevy

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56Chevy

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Re: Weagle2001 post# 4420

Monday, 04/29/2019 3:56:19 PM

Monday, April 29, 2019 3:56:19 PM

Post# of 4540
VNR, the debtor in possession (DIP), is in a time window known as "exclusivity"..which means they have the legal exclusive right to put forth a POR before the court. Exclusivity last for 120 days post filing.

If and when that 120 days expires and there has been no POR put forth the DIP will typically motion that they need more time and the court will most likely grant them exclusivity for an additional 120 days.

This is only day 28.

The wheels of justice grind very slowly.

We are all born ignorant, but one must work hard to remain stupid. ~~Ben Franklin

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