Bankruptcy Code

Bankruptcy is a legal declaration that allows some debtors to discharge their unsecured debts. The text of this statute is provided as general information to the public. It may be amended, revised, or rescinded at any time without notice. This information is not intended to be legal advice. For more information, please see our disclaimer.

11 U.S.C. § 1221. Filing of plan

The debtor shall file a plan not later than 90 days after the order for relief under this chapter [11 USCS §§ 1201 et seq.], except that the court may extend such period if the need for an extension is attributable to circumstances for which the debtor should not justly be held accountable.