Source: https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title11-section727&num=0&edition=prelim
Timestamp: 2019-09-19 10:52:28
Document Index: 196516328

Matched Legal Cases: ['§ 727', '§480', '§220', '§106', '§312', '§603', '§1', '§1', '§1', '§312', '§257', '§480']

[USC02] 11 USC 727: Discharge
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11 USC 727: Discharge Text contains those laws in effect on September 18, 2019
(9) the debtor has been granted a discharge under section 1228 or 1328 of this title, or under section 660 or 661 of the Bankruptcy Act, in a case commenced within six years before the date of the filing of the petition, unless payments under the plan in such case totaled at least-
(12) the court after notice and a hearing held not more than 10 days before the date of the entry of the order granting the discharge finds that there is reasonable cause to believe that-
(e) The trustee, a creditor, or the United States trustee may request a revocation of a discharge-
(2) under subsection (d)(2) or (d)(3) of this section before the later of-
( Pub. L. 95–598, Nov. 6, 1978, 92 Stat. 2609 ; Pub. L. 98–353, title III, §480, July 10, 1984, 98 Stat. 382 ; Pub. L. 99–554, title II, §§220, 257(s), Oct. 27, 1986, 100 Stat. 3101 , 3116; Pub. L. 109–8, title I, §106(b), title III, §§312(1), 330(a), title VI, §603(d), Apr. 20, 2005, 119 Stat. 38 , 86, 101, 123.)
This section is the heart of the fresh start provisions of the bankruptcy law. Subsection (a) requires the court to grant a debtor a discharge unless one of nine conditions is met. The first condition is that the debtor is not an individual. This is a change from present law, under which corporations and partnerships may be discharged in liquidation cases, though they rarely are. The change in policy will avoid trafficking in corporate shells and in bankrupt partnerships. "Individual" includes a deceased individual, so that if the debtor dies during the bankruptcy case, he will nevertheless be released from his debts, and his estate will not be liable for them. Creditors will be entitled to only one satisfaction-from the bankruptcy estate and not from the probate estate.
The Bankruptcy Act, referred to in subsec. (a)(7), is act July 1, 1898, ch. 541, 30 Stat. 544 , as amended, which was classified generally to former Title 11.
Sections 14, 371, and 476 of the Bankruptcy Act, referred to in subsec. (a)(8), are section 14 of act July 1, 1898, ch. 541, 30 Stat. 550 , section 371 of act July 1, 1898, ch. 541, as added June 22, 1938, ch. 575, §1, 52 Stat. 912 , and section 476 of act July 1, 1898, ch. 541, as added June 22, 1938, ch. 575, §1, 52 Stat. 924 , which were classified to sections 32, 771, and 876 of former Title 11.
Sections 660 and 661 of the Bankruptcy Act, referred to in subsec. (a)(9), are sections 660 and 661 of act July 1, 1898, ch. 541, as added June 22, 1938, ch. 575, §1, 52 Stat. 935 , 936, which were classified to sections 1060 and 1061 of former Title 11.
2005-Subsec. (a)(8). Pub. L. 109–8, §312(1), substituted "8 years" for "six years".
1986-Subsec. (a)(9). Pub. L. 99–554, §257(s), inserted reference to section 1228 of this title.
1984-Subsec. (a)(6)(C). Pub. L. 98–353, §480(a)(1), substituted "properly" for "property".