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11 U.S.C. § 1174Liquidation

submitted 48 years ago by Pub. L. 95-598 to r/title-11-BANKRUPTCY · 83 words · no verdicts yet

in plain englishAI-generated · not legal advice

A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

the actual law source: uscode.house.gov ↗public domain

On request of a party in interest and after notice and a hearing, the court may, or, if a plan has not been confirmed under section 1173 of this title before five years after the date of the order for relief, the court shall, order the trustee to cease the debtor’s operation and to collect and reduce to money all of the property of the estate in the same manner as if the case were a case under chapter 7 of this title.

Source credit: (Pub. L. 95–598, Nov. 6, 1978, 92 Stat. 2644.)

history & why it existsrecord from the source credit
  • 1978Enacted · Pub. L. 95-598 · 92 Stat. 2644

A history note hasn’t been published yet. The record shows enactment by Pub. L. 95-598 on 1978-11-06.

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