Title 11 — BankruptcyRelease 119-73not60
§1190 Contents of Plan
Title 11 › Chapter 11— REORGANIZATION › Subchapter V— SMALL BUSINESS DEBTOR REORGANIZATION › § 1190
Summary
Plans must include a short business history, a liquidation estimate, and projections. They must let a trustee control future income. A plan may change a lender’s rights on the debtor’s home if the new funds mainly financed the debtor’s small business rather than the home.
Full Legal Text
Title 11, §1190
Bankruptcy — Source: USLM XML via OLRC
A plan filed under this subchapter—
(1)shall include—
(A)a brief history of the business operations of the debtor;
(B)a liquidation analysis; and
(C)projections with respect to the ability of the debtor to make payments under the proposed plan of reorganization;
(2)shall provide for the submission of all or such portion of the future earnings or other future income of the debtor to the supervision and control of the trustee as is necessary for the execution of the plan; and
(3)notwithstanding section 1123(b)(5) of this title, may modify the rights of the holder of a claim secured only by a security interest in real property that is the principal residence of the debtor if the new value received in connection with the granting of the security interest was—
(A)not used primarily to acquire the real property; and
(B)used primarily in connection with the small business of the debtor.
Legislative History
Notes & Related Subsidiaries
Statutory Notes and Related Subsidiaries
Effective Date
Section effective 180 days after Aug. 23, 2019, see section 5 of Pub. L. 116–54, set out as an
Effective Date
of 2019 Amendment note under section 101 of this title.
Reference
Citations & Metadata
Citation
11 U.S.C. § 1190
Title 11 — Bankruptcy
Last Updated
Apr 3, 2026
Release point: 119-73not60