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11 U.S.C. § 1194

Title 11 Chapter 11 Current through PL 119-73 Last updated: March 29, 2026 View on OLRC →
Sections in this chapter

§ 1194. Payments

  • (a) Payments and funds received by the trustee shall be retained by the trustee until confirmation or denial of confirmation of a plan. If a plan is confirmed, the trustee shall distribute any such payment in accordance with the plan. If a plan is not confirmed, the trustee shall return any such payments to the debtor after deducting—
    • (1) any unpaid claim allowed under section 503(b) of this title ;
    • (2) any payment made for the purpose of providing adequate protection of an interest in property due to the holder of a secured claim; and
    • (3) any fee owing to the trustee.
  • (b) If a plan is confirmed under section 1191(b) of this title , except as otherwise provided in the plan or in the order confirming the plan, the trustee shall make payments to creditors under the plan.
  • (c) Prior to confirmation of a plan, the court, after notice and a hearing, may authorize the trustee to make payments to the holder of a secured claim for the purpose of providing adequate protection of an interest in property.

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