Temple City Bankruptcy Attorney

TITLE 11 - BANKRUPTCY
CHAPTER 12 - ADJUSTMENT OF DEBTS OF A FAMILY FARMER OR FISHERMAN
                  WITH REGULAR ANNUAL INCOME      
    SUBCHAPTER I - OFFICERS, ADMINISTRATION, AND THE ESTATE

-HEAD-
    Sec. 1202. Trustee

-STATUTE-
      (a) If the United States trustee has appointed an individual
    under section 586(b) of title 28 to serve as standing trustee in
    cases under this chapter and if such individual qualifies as a
    trustee under section 322 of this title, then such individual shall
    serve as trustee in any case filed under this chapter. Otherwise,
    the United States trustee shall appoint one disinterested person to
    serve as trustee in the case or the United States trustee may serve
    as trustee in the case if necessary.
      (b) The trustee shall - 
        (1) perform the duties specified in sections 704(2), 704(3),
      704(5), 704(6), 704(7), and 704(9) of this title;
        (2) perform the duties specified in section 1106(a)(3) and
      1106(a)(4) of this title if the court, for cause and on request
      of a party in interest, the trustee, or the United States
      trustee, so orders;
        (3) appear and be heard at any hearing that concerns - 
          (A) the value of property subject to a lien;
          (B) confirmation of a plan;
          (C) modification of the plan after confirmation; or
          (D) the sale of property of the estate;

        (4) ensure that the debtor commences making timely payments
      required by a confirmed plan;
        (5) if the debtor ceases to be a debtor in possession, perform
      the duties specified in sections 704(8), 1106(a)(1), 1106(a)(2),
      1106(a)(6), 1106(a)(7), and 1203; and
        (6) if with respect to the debtor there is a claim for a
      domestic support obligation, provide the applicable notice
      specified in subsection (c).

      (c)(1) In a case described in subsection (b)(6) to which
    subsection (b)(6) applies, the trustee shall - 
        (A)(i) provide written notice to the holder of the claim
      described in subsection (b)(6) of such claim and of the right of
      such holder to use the services of the State child support
      enforcement agency established under sections 464 and 466 of the
      Social Security Act for the State in which such holder resides,
      for assistance in collecting child support during and after the
      case under this title; and
        (ii) include in the notice provided under clause (i) the
      address and telephone number of such State child support
      enforcement agency;
        (B)(i) provide written notice to such State child support
      enforcement agency of such claim; and
        (ii) include in the notice provided under clause (i) the name,
      address, and telephone number of such holder; and
        (C) at such time as the debtor is granted a discharge under
      section 1228, provide written notice to such holder and to such
      State child support enforcement agency of - 
          (i) the granting of the discharge;
          (ii) the last recent known address of the debtor;
          (iii) the last recent known name and address of the debtor's
        employer; and
          (iv) the name of each creditor that holds a claim that - 
            (I) is not discharged under paragraph (2), (4), or (14A) of
          section 523(a); or
            (II) was reaffirmed by the debtor under section 524(c).

      (2)(A) The holder of a claim described in subsection (b)(6) or
    the State child support enforcement agency of the State in which
    such holder resides may request from a creditor described in
    paragraph (1)(C)(iv) the last known address of the debtor.
      (B) Notwithstanding any other provision of law, a creditor that
    makes a disclosure of a last known address of a debtor in
    connection with a request made under subparagraph (A) shall not be
    liable by reason of making that disclosure.

-SOURCE-
    (Added and amended Pub. L. 99-554, title II, Secs. 227, 255, title
    III, Sec. 302(f), Oct. 27, 1986, 100 Stat. 3103, 3106, 3124; Pub.
    L. 105-277, div. C, title I, Sec. 149(a), Oct. 21, 1998, 112 Stat.
    2681-610; Pub. L. 106-5, Sec. 1(1), (2), Mar. 30, 1999, 113 Stat.
    9; Pub. L. 106-70, Sec. 1, Oct. 9, 1999, 113 Stat. 1031; Pub. L.
    107-8, Sec. 1, May 11, 2001, 115 Stat. 10; Pub. L. 107-17, Sec. 1,
    June 26, 2001, 115 Stat. 151; Pub. L. 107-170, Sec. 1, May 7, 2002,
    116 Stat. 133; Pub. L. 107-171, title X, Sec. 10814(a), May 13,
    2002, 116 Stat. 532; Pub. L. 107-377, Sec. 2(a), Dec. 19, 2002, 116
    Stat. 3115; Pub. L. 108-73, Sec. 2(a), Aug. 15, 2003, 117 Stat.
    891; Pub. L. 108-369, Sec. 2(a), Oct. 25, 2004, 118 Stat. 1749;
    Pub. L. 109-8, title II, Sec. 219(c), title X, Sec. 1001(a)(1),
    Apr. 20, 2005, 119 Stat. 57, 185.)

-REFTEXT-
                            REFERENCES IN TEXT                        
      Sections 464 and 466 of the Social Security Act, referred to in
    subsec. (c)(1)(A)(i), are classified to sections 664 and 666,
    respectively, of Title 42, The Public Health and Welfare.

-COD-
                               CODIFICATION                           
      For repeal of section effective Oct. 1, 1998, and subsequent
    reenactment of section, see note set out preceding section 1201 of
    this title.


                                AMENDMENTS                            
      2005 - Subsec. (b)(6). Pub. L. 109-8, Sec. 219(c)(1), added par.
    (6).
      Subsec. (c). Pub. L. 109-8, Sec. 219(c)(2), added subsec. (c).
      1986 - Subsecs. (c), (d). Pub. L. 99-554, Sec. 227, struck out
    subsecs. (c) and (d) which read as follows:
      "(c) If the number of cases under this chapter commenced in a
    particular judicial district so warrants, the court may appoint one
    or more individuals to serve as standing trustee for such district
    in cases under this chapter.
      "(d)(1) A court that has appointed an individual under subsection
    (a) of this section to serve as standing trustee in cases under
    this chapter shall set for such individual - 
        "(A) a maximum annual compensation not to exceed the lowest
      annual rate of basic pay in effect for grade GS-16 of the General
      Schedule prescribed under section 5332 of title 5; and
        "(B) a percentage fee not to exceed the sum of - 
          "(i) not to exceed ten percent of the payments made under the
        plan of such debtor, with respect to payments in an aggregate
        amount not to exceed $450,000; and
          "(ii) three percent of payments made under the plan of such
        debtor, with respect to payments made after the aggregate
        amount of payments made under the plan exceeds $450,000;
      based on such maximum annual compensation and the actual,
      necessary expenses incurred by such individual as standing
      trustee.
      "(2) Such individual shall collect such percentage fee from all
    payments under plans in the cases under this chapter for which such
    individual serves as standing trustee. Such individual shall pay
    annually to the Treasury - 
        "(A) any amount by which the actual compensation received by
      such individual exceeds five percent of all such payments made
      under plans in cases under this chapter for which such individual
      serves as standing trustee; and
        "(B) any amount by which the percentage fee fixed under
      paragraph (1)(B) of this subsection for all such cases exceeds - 
          "(i) such individual's actual compensation for such cases, as
        adjusted under subparagraph (A) of this paragraph; plus
          "(ii) the actual, necessary expenses incurred by such
        individual as standing trustee in such cases."

    See section 586(b) and (e) of Title 28, Judiciary and Judicial
    Procedure.

                     EFFECTIVE DATE OF 2005 AMENDMENT                 
      Amendment by section 219(c) of Pub. L. 109-8 effective 180 days
    after Apr. 20, 2005, 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 a
    note under section 101 of this title.

                              EFFECTIVE DATE                          
      Section effective 30 days after Oct. 27, 1986, and before the
    amendment by section 227 of Pub. L. 99-554, see section 302(c)(2)
    of Pub. L. 99-554, set out as an Effective Date of 1986 Amendment
    note under section 581 of Title 28, Judiciary and Judicial
    Procedure.
      Effective date and applicability of amendment by section 227 of
    Pub. L. 99-554 dependent upon the judicial district involved, see
    section 302(d), (e) of Pub. L. 99-554.

    REFERENCES IN SUBSECTION (A) TEMPORARILY DEEMED TO BE REFERENCES TO
                             OTHER PROVISIONS
      Until the amendments made by subtitle A (Secs. 201 to 231) of
    title II of Pub. L. 99-554 become effective in a district and apply
    to a case, in subsec. (a) of this section - 
        (1) the first two references to the United States trustee are
      deemed to be references to the court, and
        (2) any reference to section 586(b) of Title 28, Judiciary and
      Judicial Procedure, is deemed to be a reference to subsec. (c) of
      this section,
    see section 302(c)(3)(B), (d), (e) of Pub. L. 99-554, set out as an
    Effective Date note under section 581 of Title 28.

-End-