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11 U.S.C. § 1323 11 u.s.c. · adjustment of debts of an individual wit · title 11
11 U.S.C. § 1323
Modification of plan before confirmation
Title 11 USC
● ACTIVE
Ch. 13
Jurisdiction Federal — United States
Chapter ADJUSTMENT OF DEBTS OF AN INDIVIDUAL WITH REGULAR INCOME
Primary Source uscode.house.gov ↗
Federation ID OM-USC11-SEC-0F8D3B
STATUTORY TEXT primary source · verbatim · uscode.house.gov

U.S.C. Title 11 - BANKRUPTCY 11 U.S.C. United States Code, 2023 Edition Title 11 - BANKRUPTCY CHAPTER 13 - ADJUSTMENT OF DEBTS OF AN INDIVIDUAL WITH REGULAR INCOME SUBCHAPTER II - THE PLAN Sec. 1323 - Modification of plan before confirmation From the U.S. Government Publishing Office, www.gpo.gov

§1323. Modification of plan before confirmation

(a) The debtor may modify the plan at any time before confirmation, but may not modify the plan so that the plan as modified fails to meet the requirements of section 1322 of this title. (b) After the debtor files a modification under this section, the plan as modified becomes the plan. (c) Any holder of a secured claim that has accepted or rejected the plan is deemed to have accepted or rejected, as the case may be, the plan as modified, unless the modification provides for a change in the rights of such holder from what such rights were under the plan before modification, and such holder changes such holder's previous acceptance or rejection.

(Pub. L. 95–598, Nov. 6, 1978, 92 Stat. 2649.)

Historical and Revision Notes senate report no. 95–989 The debtor is permitted to modify the plan before confirmation without court approval so long as the modified plan, which becomes the plan on filing, complies with the requirements of section 1322. The original acceptance or rejection of a plan by the holder of a secured claim remains binding unless the modified plan changes the rights of the holder and the holder withdraws or alters its earlier acceptance or rejection.

Source: uscode.house.gov — public domain Official Source ↗
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The statutory text of 11 U.S.C. § 1323 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
OakMorel Law
11 U.S.C.
Citation
11 U.S.C. § 1323
Status
● ACTIVE
Chapter
13 — ADJUSTMENT OF DEBTS OF AN INDIVIDUAL WITH REGULAR INCOME
Title
Bankruptcy
Jurisdiction
Federal
Federation ID
OM-USC11-SEC-0F8D3B
Root-LD Spec
v1.0
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Bankruptcy — 11 U.S.C. § 1323