Rule · Federal Rules of Bankruptcy Procedure

Fed. R. Bankr. P. 3009 — Chapter 7—Paying Dividends

Fed. R. Bankr. P. 3009

Type
Rule
Source
Federal Rules of Bankruptcy Procedure
Jurisdiction
Federal
Date
2026-10-22
Current through
Nov 10, 2026 (Office of the Law Revision Counsel)

In a Chapter 7 case, dividends to creditors on claims that have been allowed must be paid as soon as practicable. A dividend check must be made payable to and mailed to the creditor. But if a power of attorney authorizing another entity to receive payment has been filed under Rule 9010, the check must be: (a) made payable to both the creditor and the other entity; and (b) mailed to the other entity.

Citator

Fed. R. Bankr. P. 3009 — Chapter 7—Paying Dividends is in force in the current edition of the Code, and nothing recorded condemns it.

In a Chapter 7 case, dividends to creditors on claims that have been allowed must be paid as soon as practicable. A dividend check must be made payable to and mailed to the creditor. But if a power of attorney authorizing another entity to receive payment has been filed under Rule 9010, the check must be: (a) made payable to both the creditor and the other entity; and (b) mailed to the other entity.