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Local Bankr. R. 3014-1  Time for Secured Creditor to Exercise Election under Bankruptcy Code § 1111(b) in Subchapter V Case

EFFECTIVE MARCH 16, 2026

Unless the Court rules that 11 U.S.C. § 1125 applies, an election of the application of § 1111(b) of the Code by a class of secured creditors in a Chapter 11 Subchapter V case may be made at any time on or before seven (7) days after the filing of the Debtor’s initial Plan of Reorganization, or such later time as the Court may establish.