Debtor can file a Chapter 11 plan by how many days?

Debtor can file a Chapter 11 plan by how many days?

• A. 120 days
• B. 90 days
• C. 180 days
• D. 365 days

Answer: (A)

In Chapter 11, the debtor enjoys an exclusive window to file a reorganization plan to avoid competing plans from others. That period is 120 days from the petition date (order for relief). If the debtor doesn’t file within 120 days, other parties can step in with their own plans. Extensions for cause can be granted, but the default filing deadline is 120 days. The 180-day figure relates to the time to seek acceptance of the plan after filing, not the deadline to file. The 365-day option isn’t a standard filing period. So the debtor can file a Chapter 11 plan by 120 days.

In Chapter 11, the debtor enjoys an exclusive window to file a reorganization plan to avoid competing plans from others. That period is 120 days from the petition date (order for relief). If the debtor doesn’t file within 120 days, other parties can step in with their own plans. Extensions for cause can be granted, but the default filing deadline is 120 days. The 180-day figure relates to the time to seek acceptance of the plan after filing, not the deadline to file. The 365-day option isn’t a standard filing period. So the debtor can file a Chapter 11 plan by 120 days.