Local Rule 3014-1: ELECTION UNDER § 1111(b) BY SECURED CREDITOR IN SUBCHAPTER V CASE
Bankr. E.D.N.C. — General rule
Rule 3014-1 ELECTION UNDER § 1111(b) BY SECURED CREDITOR IN SUBCHAPTER V CASE In a case under subchapter V of chapter 11 in which § 1125 of the Bankruptcy Code does not apply, an election of application of § 1111(b)(2) of the Bankruptcy Code by a class of secured creditors may be made at any time within the time fixed by the court for filing written acceptances or rejections of the Debtor's plan or within such later time as the court may fix prior to expiration of the period provided herein.