Local Rule LBR 3022-1: Final Report/Decree (Chapter 11)

LBR 3022-1 Final Report/Decree (Chapter 11)

Unless another party or officer is designated in the plan or confirmation order, the plan proponent is responsible for filing a motion for final decree seeking discharge of any trustee and closing the case not later than 120 days following the date of plan confirmation unless such time is extended by the Court for cause. In the case of a Subchapter V plan confirmed non-consensually under 11 U.S.C. § 1191(b), the motion for final decree shall be filed not later than 120 days following the completion of all plan payments, unless such time is extended by the Court for cause. The motion for final decree shall include a final account which shall include a schedule of all disbursements, and the percentage dividend paid to the holders of (a) priority unsecured claims and (b) general unsecured claims. An attorney may be compensated for performing these duties at or prior to plan confirmation based on an estimation of fees and expenses.