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11 U.S.C. § 1207 — Property of the estate

submitted 40 years ago by Pub. L. 99-554 to r/title-11-BANKRUPTCY · 124 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section sets rules about property of the estate. It applies only to the people, entities, property, actions, deadlines, and exceptions stated in the section.

(a) 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 commencement of the case but before the case is closed, dismissed, or converted to a case under chapter 7 of this title, whichever occurs first; and (2) earnings from services performed by the debtor after the commencement of the case but before the case is closed, dismissed, or converted to a case under chapter 7 of this title, whichever occurs first. (b) Except as provided in section 1204, a confirmed plan, or an order confirming a plan, the debtor must remain in possession of all property of the estate.
the actual law source: uscode.house.gov ↗public domain
(a)

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 such section that the debtor acquires after the commencement of the case but before the case is closed, dismissed, or converted to a case under chapter 7 of this title, whichever occurs first; and

(2)

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

(b)

Except as provided in section 1204, a confirmed plan, or an order confirming a plan, the debtor shall remain in possession of all property of the estate.

Source credit: (Added and amended Pub. L. 99–554, title II, § 255, title III, § 302(f), Oct. 27, 1986, 100 Stat. 3108, 3124; Pub. L. 103–65, § 1, Aug. 6, 1993, 107 Stat. 311; Pub. L. 105–277, div. C, title I, § 149(a), Oct. 21, 1998, 112 Stat. 2681–610; Pub. L. 106–5, § 1(1), (2), Mar. 30, 1999, 113 Stat. 9; Pub. L. 106–70, § 1, Oct. 9, 1999, 113 Stat. 1031; Pub. L. 107–8, § 1, May 11, 2001, 115 Stat. 10; Pub. L. 107–17, § 1, June 26, 2001, 115 Stat. 151; Pub. L. 107–170, § 1, May 7, 2002, 116 Stat. 133; Pub. L. 107–171, title X, § 10814(a), May 13, 2002, 116 Stat. 532; Pub. L. 107–377, § 2(a), Dec. 19, 2002, 116 Stat. 3115; Pub. L. 108–73, § 2(a), Aug. 15, 2003, 117 Stat. 891; Pub. L. 108–369, § 2(a), Oct. 25, 2004, 118 Stat. 1749; Pub. L. 109–8, title X, § 1001(a)(1), (c), Apr. 20, 2005, 119 Stat. 185, 186.)

history & why it existsrecord from the source credit
  • 1986Enacted · Pub. L. 99-554 · 100 Stat. 3108, 3124
  • 1993Amended · Pub. L. 103-65 · 107 Stat. 311
  • 1998Amended · Pub. L. 105-277 · 112 Stat. 2681
  • 1999Amended · Pub. L. 106-5 · 113 Stat. 9
  • 1999Amended · Pub. L. 106-70 · 113 Stat. 1031
  • 2001Amended · Pub. L. 107-8 · 115 Stat. 10
  • 2001Amended · Pub. L. 107-17 · 115 Stat. 151
  • 2002Amended · Pub. L. 107-170 · 116 Stat. 133
  • 2002Amended · Pub. L. 107-171 · 116 Stat. 532
  • 2002Amended · Pub. L. 107-377 · 116 Stat. 3115
  • 2003Amended · Pub. L. 108-73 · 117 Stat. 891
  • 2004Amended · Pub. L. 108-369 · 118 Stat. 1749
  • 2005Amended · Pub. L. 109-8 · 119 Stat. 185, 186

A history note hasn’t been published yet. The record shows enactment by Pub. L. 99-554 on 1986-10-27.

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