Title 11 — Bankruptcy
Chapter 11 — Reorganization
§ 1115. Property of the estate
Statutory text
In a case in which the debtor is an individual, property of the estate includes, in addition to the property specified in section 541—
all property of the kind specified in section 541 that the debtor acquires after the commencement of the case but before the case is closed, dismissed, or converted to a case under chapter 7, 12, or 13, whichever occurs first; and
earnings from services performed by the debtor after the commencement of the case but before the case is closed, dismissed, or converted to a case under chapter 7, 12, or 13, whichever occurs first.
Except as provided in section 1104 or a confirmed plan or order confirming a plan, the debtor shall remain in possession of all property of the estate.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Pub. L. 109–8 title III § 321(a)(1) · 119 Stat. 23
Enacted · 11 U.S.C. § 1115
(Added Pub. L. 109–8, title III, § 321(a)(1), Apr. 20, 2005, 119 Stat. 94.)
Source evidence
Code source credit
(Added Pub. L. 109–8, title III, § 321(a)(1), Apr. 20, 2005, 119 Stat. 94.)Enacted provision · exact public law section
(1) In general.— Subchapter I of chapter 11 of title 11, United States Code, is amended by adding at the end the following: “§ 1115. Property of the estate “(a) In a case in which the debtor is an individual, property of the estate includes, in addition to the property specified in section 541— “(1) all property of the kind specified in section 541 that the debtor acquires after the commencement of the case but before the case is closed, dismissed, or converted to a case under chapter 7, 12, or 13, whichever occurs first; and “(2) earnings from services performed by the debtor after the commencement of the case but before the case is closed, dismissed, or converted to a case under chapter 7, 12, or 13, whichever occurs first. “(b) Except as provided in section 1104 or a confirmed plan or order confirming a plan, the debtor shall remain in possession of all property of the estate.” .
1 of 1 references resolved to an enrolled provision
Statutory Notes and Related Subsidiaries
Effective Date
Section effective 180 days after , 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.
Credits
(Added Pub. L. 109–8, title III, § 321(a)(1), , 119 Stat. 94.)