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 It may be amended, revised, or rescinded at any time without notice.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. § 930. Dismissal

(a) After notice and a hearing, the court may dismiss a case under this chapter [11 USCS §§ 901 et seq.] for cause, including--
(1) want of prosecution;
(2) unreasonable delay by the debtor that is prejudicial to creditors;
(3) failure to propose a plan within the time fixed under section 941 of this title [11 USCS § 941];
(4) if a plan is not accepted within any time fixed by the court;
(5) denial of confirmation of a plan under section 943(b) of this title [11 USCS § 943(b)] and denial of additional time for filing another plan or a modification of a plan; or
(6) if the court has retained jurisdiction after confirmation of a plan--
(A) material default by the debtor with respect to a term of such plan; or
(B) termination of such plan by reason of the occurrence of a condition specified in such plan.

(b) The court shall dismiss a case under this chapter [11 USCS §§ 901 et seq.] if confirmation of a plan under this chapter [11 USCS §§ 901 et seq.] is refused.