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11 U.S.C. § 1186Property of the estate

submitted 7 years ago by Pub. L. 116-54 to r/title-11-BANKRUPTCY · 163 words · no verdicts yet

in plain englishAI-generated · not legal advice

When a plan is confirmed under section 1191(b), the estate includes certain property acquired and earnings received during the case. Unless specified exceptions apply, the debtor remains in possession of estate property.

(a) Inclusions. If a plan is confirmed under section 1191(b), the estate also includes: (1) property of the kind in section 541 acquired after the case starts and before it closes, is dismissed, or is converted to chapter 7, 12, or 13, whichever comes first; and (2) the debtor’s service earnings during that same period. (b) Debtor remaining in possession. Except as section 1185, a confirmed plan, or its confirmation order provides otherwise, the debtor remains in possession of all estate property.
the actual law source: uscode.house.gov ↗public domain
(a)Inclusions.—

If a plan is confirmed under section 1191(b) of this title, property of the estate includes, in addition to the property specified in section 541 of this title—

(1)

all property of the kind specified in that section that the debtor acquires after the date of commencement of the case but before the case is closed, dismissed, or converted to a case under chapter 7, 12, or 13 of this title, whichever occurs first; and

(2)

earnings from services performed by the debtor after the date of commencement of the case but before the case is closed, dismissed, or converted to a case under chapter 7, 12, or 13 of this title, whichever occurs first.

(b)Debtor Remaining in Possession.—

Except as provided in section 1185 of this title, a plan confirmed under this subchapter, or an order confirming a plan under this subchapter, the debtor shall remain in possession of all property of the estate.

Source credit: (Added Pub. L. 116–54, § 2(a), Aug. 23, 2019, 133 Stat. 1081.)

history & why it existsrecord from the source credit
  • 2019Enacted · Pub. L. 116-54 · 133 Stat. 1081

A history note hasn’t been published yet. The record shows enactment by Pub. L. 116-54 on 2019-08-23.

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