Chapter 11 Small Business Subchapter V: NON-Consensual Plan
Last Updated: March 31, 2025

11 U.S.C.
Fed. R. Bank. P. 1191(a), 1141(d)(1)(A) and 1181(a) 

Related Topics: Ch. 11 SmBus Sub V Petition FilingCh. 11 SmBus Sub V: Procedural OrdersCh. 11 SmBus Sub V Plan (Filing) , Scheduling Ch. 11 SmBus Sub V Plan Confirmation Hearing , Ch. 11 SmBus Sub V: Plan Confirmation

NON-CONSENSUAL PLAN: Plan Confirmed Over the Objections of Creditors, under 1191(b) (Non-Consensual)

(Non-Consensual) Plan Payment Period: Duration 3 to 5 Years

  1. During the Payment Period:
  • Debtor will make payments to the Trustee
  • Trustee is responsible for making creditor payments.

B. After the Plan Payment Period:

  • Debtor makes payments directly to creditors.

NOTICE OF SUBSTANTIAL CONSUMMATION

Notice of Substantial Consummation will be filed by the debtor at some point during the case.

  • Docket [Bankruptcy > Notices > Notice of Substantial Consummation]

NOTE: Case will remain open AFTER Substantial Consummation

Subchapter V Trustee's services are NOT terminated if a Non-Consensual plan is confirmed until discharge.

DEBTOR DISCHARGE:  Completion of Plan Payments

Under a Non-Consensual Plan (Pursuant to 11 USC 1192), Discharge may granted after the debtor completes all payments due within the first 3 years of the Plan (or a Plan not to exceed 5 years).

Once ALL Plan Payments Under the Non-Consensual Plan are Completed, Debtor will file:

Notice of Completion of Plan Payments and Request for Discharge 
[Bankruptcy > Plan > Notice of Completion of Plan Payments and Request for Discharge]

  1. Filing Requirements
    1. Notice of Completion of Plan Payments and Request for Discharge
    2. 14-day Notice to All Creditors
    3. Proof of Service

See Also (Ch 11 Individual Debtor) Notice of Completion of Plan Payments and Request for Discharge

DISCHARGE of SUB V TRUSTEE

Subchapter V Trustee is terminated upon entry of the Debtor's Order of Discharge.