Local Rule 2015-1: DEBTOR-IN-POSSESSION – DEBTORS' OPERATING REPORTS IN CHAPTER 12
Bankr. D. Vt. — General rule
RULE 2015-1. DEBTOR-IN-POSSESSION – DEBTORS' OPERATING REPORTS IN CHAPTER 12.
(a) Requirement to File Operating Reports; Waiver. Every chapter 12 debtor shall be required to file monthly operating reports, commencing in the month following the filing of the chapter 12 petition (or entry of the order converting the case to chapter 12), using Local Forms S-3, S-4, and S-5, or similar format, unless the debtor demonstrates good cause to waive or modify this requirement within 21 days of the filing of the petition (or conversion order). A debtor may file a motion to waive the requirement to file operating reports or modify the content and/or frequency of the operating reports to be filed, using Local Form S-6.
(b) Failure to File Operating Reports. If a chapter 12 debtor fails to file complete and timely operating reports, such failure may constitute cause for dismissal of the case under § 1208.
(c) Operating Order. The Court will enter an operating order in every chapter 12 case, describing the debtor's duties generally, including the duty to file monthly operating reports and applicable local addenda. If the Court does not enter an operating order in the case, the trustee or another party in interest may file a motion requesting entry of an order directing the chapter 12 debtor to file operating reports.