{"product_id":"9780327173526","title":"Debt Adjustments for Municipalities Under Chapter 9 of the Bankruptcy Code: A Collier Monograph","description":"This Collier Monograph presents a thorough treatment of chapter 9 of the Bankruptcy Code. Chapter 9 is a powerful yet underutilized restructuring tool available to financially challenged municipalities and public corporations within the United States.  It provides an express means to compromise municipal obligations against a creditor's wishes, unlike state law, which generally speaking, cannot impose an involuntary debt reduction or contract impairment.  Chapter 9 also gives a municipality the ability to operate while in bankruptcy with relatively minimal judicial oversight, protected by the automatic stay, free of the risk of a competing plan,  liquidation, the appointment of a trustee  or many of the other controls that normally act as a check upon a debtor during a bankruptcy reorganization case.  The topics covered include: \u003cp\u003e •  the purpose of municipal bankruptcy\u003cbr\u003e •  nonbankruptcy alternatives to chapter 9\u003cbr\u003e •  comparison of chapter 9 to chapter 11\u003cbr\u003e •  prepetition planning, including negotiations with creditors and creation of a restructuring plan\u003cbr\u003e •  eligibility to file under chapter 9commencement of the chapter 9 case\u003cbr\u003e •  a municipality's operating in chapter 9\u003cbr\u003e •  reducing liabilities and exiting bankruptcy\u003cbr\u003e •  history of chapter 9 and \u003cbr\u003e •  a listing of chapter 9 state authorizing statutes.\u003c\/p\u003e\u003cp\u003eThis eBook features links to Lexis Advance for further legal research options.\u003c\/p\u003e","brand":"LexisNexis","offers":[{"title":"Default Title","offer_id":47121320345840,"sku":"9780327173526","price":139.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9780327173526_p0.jpg?v=1763683634","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9780327173526","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}