11 USC 350 - Sec. 350. Closing and reopening cases

11 USC - U.S. Code - Title 11: Bankruptcy (January 2004)


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Id. vLex: VLEX-19223357

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  (a) After an estate is fully administered and the court has discharged the trustee, the court shall close the case. (b) A case may be reopened in the court in which such case was closed to administer assets, to accord relief to the debtor, or for other cause.


Historical And Revision Notes

SENATE REPORT NO. 95-989 Subsection (a) requires the court to close a bankruptcy case after the estate is fully administered and the trustee discharged.

The Rules of Bankruptcy Procedure will provide the procedure for case closing.

Subsection (b) permits reopening of the case to administer assets, to accord relief to the debtor, or for other cause.

Though the court may permit reopening of a case so that the trustee may exercise an avoiding power, laches may constitute a bar to an action that has been delayed too long. The case may be reopened in the court in which it was closed.

The rules will prescribe the procedure by which a case is reopened and how it will be conducted after reopening.

AMENDMENTS 1984 - Subsec. (b). Pub. L. 98-353 substituted "A" for "a".

EFFECTIVE DATE OF 1984 AMENDMENT

Amendment by Pub. L. 98-353 effective with respect to cases filed 90 days after July 10, 1984, see section 552(a) of Pub. L. 98-353, set out as a note under section 101 of this title.

Section Referred To In Other Sections

This section is referred to in sections 554, 703, 901 of this title.

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