Professional Membership
TITLE 11 - BANKRUPTCY CHAPTER 5 - CREDITORS, THE DEBTOR, AND THE ESTATE -HEAD- CHAPTER 5 - CREDITORS, THE DEBTOR, AND THE ESTATE SUBCHAPTER I - CREDITORS AND CLAIMS Sec. 501. Filing of proofs of claims or interests. 502. Allowance of claims or interests. 503. Allowance of administrative expenses. 504. Sharing of compensation. 505. Determination of tax liability. 506. Determination of secured status. 507. Priorities. 508. Effect of distribution other than under this title. 509. Claims of codebtors. 510. Subordination. 511. Rate of interest on tax claims. SUBCHAPTER II - DEBTOR'S DUTIES AND BENEFITS 521. Debtor's duties. 522. Exemptions. 523. Exceptions to discharge. 524. Effect of discharge. 525. Protection against discriminatory treatment. 526. Restrictions on debt relief agencies. 527. Disclosures. 528. Requirements for debt relief agencies. SUBCHAPTER III - THE ESTATE 541. Property of the estate. 542. Turnover of property to the estate. 543. Turnover of property by a custodian. 544. Trustee as lien creditor and as successor to certain creditors and purchasers. 545. Statutory liens. 546. Limitations on avoiding powers. 547. Preferences. 548. Fraudulent transfers and obligations. 549. Postpetition transactions. 550. Liability of transferee of avoided transfer. 551. Automatic preservation of avoided transfer. 552. Postpetition effect of security interest. 553. Setoff. 554. Abandonment of property of the estate. 555. Contractual right to liquidate, terminate, or accelerate a securities contract. 556. Contractual right to liquidate, terminate, or accelerate a commodities contract or forward contract. 557. Expedited determination of interests in, and abandonment or other disposition of grain assets. 558. Defenses of the estate. 559. Contractual right to liquidate, terminate, or accelerate a repurchase agreement. 560. Contractual right to liquidate, terminate, or accelerate a swap agreement. 561. Contractual right to terminate, liquidate, accelerate, or offset under a master netting agreement and across contracts; proceedings under chapter 15. 562. Timing of damage measure in connection with swap agreements, securities contracts, forward contracts, commodity contracts, repurchase agreements, or master netting agreements.(!1) AMENDMENTS 2005 - Pub. L. 109-8, title II, Secs. 227(b), 228(b), 229(b), title VII, Sec. 704(b), title IX, Secs. 907(k)(2), (p)(1), 910(a)(2), Apr. 20, 2005, 119 Stat. 69, 71, 72, 126, 181, 182, 184, added items 511, 526 to 528, 561 and 562 and substituted "Contractual right to liquidate, terminate, or accelerate a securities contract" for "Contractual right to liquidate a securities contract" in item 555, "Contractual right to liquidate, terminate, or accelerate a commodities contract or forward contract" for "Contractual right to liquidate a commodity contract or forward contract" in item 556, "Contractual right to liquidate, terminate, or accelerate a repurchase agreement" for "Contractual right to liquidate a repurchase agreement" in item 559, and "Contractual right to liquidate, terminate, or accelerate a swap agreement" for "Contractual right to terminate a swap agreement" in item 560. 1990 - Pub. L. 101-311, title I, Sec. 106(b), June 25, 1990, 104 Stat. 268, added item 560. 1986 - Pub. L. 99-554, title II, Sec. 283(q), Oct. 27, 1986, 100 Stat. 3118, amended items 557 to 559 generally, substituting "interests in, and abandonment or other disposition of grain assets" for "in and disposition of grain" in item 557. 1984 - Pub. L. 98-353, title III, Secs. 352(b), 396(b), 470(b), July 10, 1984, 98 Stat. 361, 366, 380, added items 557, 558, and 559. 1982 - Pub. L. 97-222, Sec. 6(b), July 27, 1982, 96 Stat. 237, added items 555 and 556. -FOOTNOTE- (!1) So in original. Does not conform to section catchline.