§ 941 - Filing of plan

CHAPTER 9— ADJUSTMENT OF DEBTS OF A MUNICIPALITY › SUBCHAPTER III— THE PLAN

The debtor shall file a plan for the adjustment of the debtor’s debts. If such a plan is not filed with the petition, the debtor shall file such a plan at such later time as the court fixes.

Notes

senate report no. 95–989

Section 941 gives the debtor the exclusive right to propose a plan, and directs that the debtor propose one either with the petition or within such time as the court directs. The section follows section 90(a) of current law [section 410(a) of former title 11].