If a Chapter 11 plan is not accepted within 180 days, who can file a plan?

If a Chapter 11 plan is not accepted within 180 days, who can file a plan?

• A. Creditor committee
• B. Debtor
• C. Court
• D. Trustee

Answer: (A)

In Chapter 11, the debtor has exclusive rights to file a plan and to solicit acceptance for a set period. If no plan is accepted within 180 days, that exclusivity ends and a plan may be filed by a party in interest. The creditor committee—representing unsecured creditors—is the most typical filer in this situation because it can step in to propose a plan to move the case forward. The court does not automatically file a plan, and a trustee would only file in specific circumstances, not as a routine alternative. Therefore, the creditor committee is the best answer.

In Chapter 11, the debtor has exclusive rights to file a plan and to solicit acceptance for a set period. If no plan is accepted within 180 days, that exclusivity ends and a plan may be filed by a party in interest. The creditor committee—representing unsecured creditors—is the most typical filer in this situation because it can step in to propose a plan to move the case forward. The court does not automatically file a plan, and a trustee would only file in specific circumstances, not as a routine alternative. Therefore, the creditor committee is the best answer.