[§728. Repealed. Pub. L. 109–8, title VII, §719(b)(1), Apr. 20, 2005, 119 Stat. 133]
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Statutory Notes and Related Subsidiaries
Effective Date of Repeal
Repeal 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.
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What is Chapter 7 of Title 11 of the United States Code?+
Chapter 7 of Title 11 U.S. Code is the bankruptcy code that governs the process of liquidation under the bankruptcy laws of the United States. This is in contrast to bankruptcy under Chapter 11 and Chapter 13, which govern the process of reorganization of a debtor.
Sourced from Chapter 7, Title 11, United States Code - Wikipedia
What is the 11 USC 726?+
11 USC 726 - Distribution of property of the estate. Section 726(a)(4) adopts a provision contained in the Senate amendment subordinating prepetition penalties and penalties arising in the involuntary gap period to the extent the penalties are not compensation for actual pecuniary laws.
Sourced from 11 USC 726 - Distribution of property of the estate - GovRegs
What is the 11 USC 1127?+
11 U.S. Code § 1127 - Modification of plan. The proponent of a plan may modify such plan at any time before confirmation, but may not modify such plan so that such plan as modified fails to meet the requirements of sections 1122 and 1123 of this title.
Sourced from 11 U.S. Code § 1127 - Modification of plan - Cornell Law School
How is chapter 11 different from Chapter 7?+
Chapter 7 is considered a liquidation bankruptcy: it doesn't require a repayment plan, but the business must sell some assets to pay creditors. Chapter 11 is considered a reorganization bankruptcy that allows businesses to maintain their operations while creating a plan to repay creditors.
Sourced from Chapter 7 vs. Chapter 11: What's the Difference? - Investopedia
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