§1115 — Title 11 Bankruptcy | U.S. Code

Summary

If the person who owes money is an individual, the bankruptcy estate includes any property listed in section 541 that the person gets after the case starts and before the case is closed, dismissed, or converted to a case under chapter 7, 12, or 13 — whichever happens first. It also includes money the person earns from work during that same time. Unless section 1104 or a confirmed plan or an order confirming a plan says otherwise, the debtor keeps control of all estate property.

Title 11, §1115

Bankruptcy — Source: USLM XML via OLRC

(a)In a case in which the debtor is an individual, property of the estate includes, in addition to the property specified in section 541—

(1)all property of the kind specified in section 541 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, 12, or 13, 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, 12, or 13, whichever occurs first.

(b)Except as provided in section 1104 or a confirmed plan or order confirming a plan, the debtor shall remain in possession of all property of the estate.

Notes & Related Subsidiaries

Statutory Notes and Related Subsidiaries

Effective Date

Section effective 180 days after Apr. 20, 2005, and not applicable with respect to cases commenced under this title before such

Effective Date

, except as otherwise provided, see section 1501 of Pub. L. 109–8, set out as an

Effective Date

of 2005 Amendment note under section 101 of this title.

§1115 Property of the estate

Summary

Title 11, §1115

Notes & Related Subsidiaries

Statutory Notes and Related Subsidiaries

Effective Date

Effective Date

Effective Date

Citations & Metadata