Bankruptcy Forms: Filing Bankruptcy Chapter 7 Bankruptcy Software Chapter 13

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TITLE 11–BANKRUPTCY

CHAPTER 13– ADJUSTMENT OF DEBTS OF AN INDIVIDUAL WITH REGULAR INCOME

Sub Chapter II – The Plan

Sec. 1327. Effect of confirmation

   (a) The provisions of a confirmed plan bind the debtor and each 
creditor, whether or not the claim of such creditor is provided for by 
the plan, and whether or not such creditor has objected to, has 
accepted, or has rejected the plan.
    (b) Except as otherwise provided in the plan or the order confirming 
the plan, the confirmation of a plan vests all of the property of the 
estate in the debtor.
    (c) Except as otherwise provided in the plan or in the order 
confirming the plan, the property vesting in the debtor under subsection 
(b) of this section is free and clear of any claim or interest of any 
creditor provided for by the plan.

(Pub. L. 95-598, Nov. 6, 1978, 92 Stat. 2650.)


                      Historical and Revision Notes

                        senate report no. 95-989

    Subsection (a) binds the debtor and each creditor to the provisions 
of a confirmed plan, whether or not the claim of the creditor is 
provided for by the plan and whether or not the creditor has accepted, 
rejected, or objected to the plan. Unless the plan itself or the order 
confirming the plan otherwise provides, confirmation is deemed to vest 
all property of the estate in the debtor, free and clear of any claim or 
interest of any creditor provided for by the plan.

                  Section Referred to in Other Sections

    This section is referred to in section 106 of this title.

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Note: For affordable legal assistance The Center For Debt Management highly recommends Standard Legal's Do-It-Yourself Bankruptcy Forms Software Kits. For credit repair services,
the most trusted law firm in America with over 15 years of experience is Lexington Law Firm.

For more bankruptcy help and bankruptcy alternatives, go to Bankruptcy Resources

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Legal Resource Center: United States Code TITLE 11 Filing Bankruptcy Forms Software