Final Report/Decree (Chapter 11) (amended February 24, 2020)

(a) Projected Dates for Substantial Consummation. Non-individual Chapter 11 debtors shall file with the Clerk of Court within 14 days of the date of the entry of the order confirming the plan of reorganization, a report specifying the projected date for substantial consummation as defined in 11 U.S.C. § 1101(2). The report shall describe the action that is to be taken to reach substantial consummation. If the projected date for substantial consummation must be extended, the debtor shall file a supplemental report specifying the new projected date, the progress made toward consummation of the plan, the action remaining to be taken toward substantial consummation, and the reasons for the delay.

(b) Application for Final Decree. Upon substantial consummation as defined in 11 U.S.C. § 1101(2), a non-individual Chapter 11 debtor shall comply with the procedures contained in the Clerk’s Instructions, file a final report and final account in compliance with 11 U.S.C. § 704(a)(9), file an application for final decree, and submit a proposed final decree. (c) Final Decree and Closing of Chapter 11 Cases for Individual Debtors. Upon confirmation of an individual debtor’s Chapter 11 plan, the Court will continue to resolve all pending matters then before the Court.

When all matters have been concluded, the Court will 19 Back to TOC enter a Final Decree directing that the case be closed but that the Court reserves jurisdiction to enter a discharge to the debtor upon completion of all payments under the plan. Any matters that need to be brought before the Court other than the issuance of the discharge will require that the case be reopened by motion pursuant to 11 U.S.C. § 350. (d) Application for Discharge. Upon completion of all payments under the confirmed plan, an individual debtor shall comply with the procedures contained in the Clerk’s Instructions, file a final report and final account in compliance with 11 U.S.C. § 704(a)(9), and file a Certificate of Plan Completion and Request for Discharge.