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Re: toogoodfella post# 110680

Wednesday, 04/10/2024 7:32:47 AM

Wednesday, April 10, 2024 7:32:47 AM

Post# of 110990
A chapter 11 case may continue for many years unless the court, the U.S. trustee, the committee, or another party in interest acts to ensure the case's timely resolution. The creditors' right to file a competing plan provides incentive for the debtor to file a plan within the exclusivity period and acts as a check on excessive delay in the case.

Only the debtor may file a plan in a subchapter V case. 11 U.S.C. § 1189.