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Title 11 — BankruptcyRelease 119-73

§1223 Modification of plan before confirmation

Title 11 › Chapter CHAPTER 12— - ADJUSTMENT OF DEBTS OF A FAMILY FARMER OR FISHERMAN WITH REGULAR ANNUAL INCOME › Subchapter SUBCHAPTER II— - THE PLAN › § 1223

Last updated Apr 6, 2026|Official source

Summary

The person who owes money can change the repayment plan any time before the court approves it, but the new plan must still meet the rules in section 1222. Once the debtor files a change, the changed plan replaces the old one. A lender with a secured claim who already accepted or rejected the plan is treated the same for the changed plan unless the change alters that lender’s rights and the lender then changes their acceptance or rejection.

Full Legal Text

Title 11, §1223

Bankruptcy — Source: USLM XML via OLRC

(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 1222 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.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

Codification For repeal of section effective Oct. 1, 1998, and subsequent reenactment of section, see note set out preceding section 1201 of this title.

Statutory Notes and Related Subsidiaries

Effective Date

sPermanent reenactment of section effective July 1, 2005, see section 1001(a)(2) of Pub. L. 109–8, set out as a Repeal, Reenactment, and Termination of Chapter note under section 1201 of this title. For

Effective Date

s of section and

Amendments

extending periods for which section was reenacted prior to permanent reenactment, see

Effective Date

and

Effective Date

of 1999, 2001, 2002, 2003, and 2004 Amendment notes set out under section 1201 of this title.

Reference

Citations & Metadata

Citation

11 U.S.C. § 1223

Title 11 — Bankruptcy

Last Updated

Apr 6, 2026

Release point: 119-73