Rule · Federal Rules of Bankruptcy Procedure
Fed. R. Bankr. P. 3021 — Distributing Funds Under a Plan
Fed. R. Bankr. P. 3021
- 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)
(a) In General. After confirmation and when any stay under Rule 3020(e) expires, payments under the plan must be distributed to: • creditors whose claims have been allowed; • interest holders whose interests have not been disallowed; and • indenture trustees whose claims under Rule 3003(c)(5) have been allowed. (b) Definition of “Creditors” and “Interest Holders.” In this Rule 3021: (1) “creditors” include record holders of bonds, debentures, notes, and other debt securities as of the initial distribution date, unless the plan or confirmation order states a different date; and (2) “interest holders” include record holders of stock and other equity securities as of the initial distribution date, unless the plan or confirmation order states a different date.
Citator
Fed. R. Bankr. P. 3021 — Distributing Funds Under a Plan is in force in the current edition of the Code, and nothing recorded condemns it.
(a) In General. After confirmation and when any stay under Rule 3020(e) expires, payments under the plan must be distributed to: • creditors whose claims have been allowed; • interest holders whose interests have not been disallowed; and • indenture trustees whose claims under Rule 3003(c)(5) have been allowed. (b) Definition of “Creditors” and “Interest Holders.” In this Rule 3021: (1) “creditors” include record holders of bonds, debentures, notes, and other debt securities as of the initial distribution date, unless the plan or confirmation order states a different date; and (2) “interest holders” include record holders of stock and other equity securities as of the initial distribution date, unless the plan or confirmation order states a different date.