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2026-07-06 09:52:37 -04:00

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LegalText 11 U.S.C. § 1194 Payments us united_states_code code_section 11 BANKRUPTCY 11 REORGANIZATION 1194 11 U.S.C. § 1194 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc11@119-100.zip /us/usc/t11/s1194 data/legal/raw/us/code/title-11/usc11.xml 49ed3b3207c7d71f6c79be3d2b5d888a4e0b73a63a42cb4a3843093b7346d56d 49b32bf784de01de21874d64b5d1d78d1d245352824a03caa6d6b941a4a2c9a2 981d803e75cab68665af49360e530362138c68cbf42cb129d5fafaf2dbbe9870 2026-07-04 official
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11 U.S.C. § 1194 - Payments

Text

(a) Retention and Distribution by Trustee.— Payments and funds received by the trustee shall be retained by the trustee until confirmation or denial of confirmation of a plan. If a plan is confirmed, the trustee shall distribute any such payment in accordance with the plan. If a plan is not confirmed, the trustee shall return any such payments to the debtor after deducting—

(1) any unpaid claim allowed under section 503(b) of this title;

(2) any payment made for the purpose of providing adequate protection of an interest in property due to the holder of a secured claim; and

(3) any fee owing to the trustee.

(b) Other Plans.— If a plan is confirmed under section 1191(b) of this title, except as otherwise provided in the plan or in the order confirming the plan, the trustee shall make payments to creditors under the plan.

(c) Payments Prior to Confirmation.— Prior to confirmation of a plan, the court, after notice and a hearing, may authorize the trustee to make payments to the holder of a secured claim for the purpose of providing adequate protection of an interest in property.

(Added Pub. L. 11654, § 2(a), Aug. 23, 2019, 133 Stat. 1084.)

Notes

Statutory Notes and Related Subsidiaries

Effective DateSection effective 180 days after Aug. 23, 2019, see section 5 of Pub. L. 11654, set out as an Effective Date of 2019 Amendment note under section 101 of this title.