Bankruptcy Forms: Filing Bankruptcy Chapter 7 Bankruptcy Software Chapter 13

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TITLE 11–BANKRUPTCY

CHAPTER 9– ADMINISTRATION

Sub Chapter II – General Provisions

Sec. 928. Post petition effect of security interest

    (a) Notwithstanding section 552(a) of this title and subject to 
subsection (b) of this section, special revenues acquired by the debtor 
after the commencement of the case shall remain subject to any lien 
resulting from any security agreement entered into by the debtor before 
the commencement of the case.
    (b) Any such lien on special revenues, other than municipal 
betterment assessments, derived from a project or system shall be 
subject to the necessary operating expenses of such project or system, 
as the case may be.

(Added Pub. L. 100-597, Sec. 8, Nov. 3, 1988, 102 Stat. 3029.)


                             Effective Date

    Section effective Nov. 3, 1988, but not applicable to any case 
commenced under this title before that date, see section 12 of Pub. L. 
100-597, set out as an Effective Date of 1988 Amendment note under 
section 101 of this title.

                  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