Page:United States Statutes at Large Volume 100 Part 4.djvu/182

 100 STAT. 3110

PUBLIC LAW 99-554—OCT. 27, 1986

"(4) provide for payments on any unsecured claim to be made concurrently with payments on any secured claim or any other unsecured claim; "(5) provide for the curing of any default within a reasonable time and maintenance of payments while the case is pending on any unsecured claim or secured claim on which the last payment is due after the date on which the final payment under the plan is due; "(6) subject to section 365 of this title, provide for the assumption, rejection, or assignment of any executory contract or unexpired lease of the debtor not previously rejected under such section; "(7) provide for the payment of all or part of a claim against the debtor from property of the estate or property of the debtor; "(8) provide for the sale of all or any part of the property of ')f:^' the estate or the distribution of all or any part of the property of the estate among those having an interest in such property; "(9) provide for payment of allowed secured claims consistent with section 1225(a)(5) of this title, over a period exceeding the period permitted under section 1222(c); "(10) provide for the vesting of property of the estate, on confirmation of the plan or at a later time, in the debtor or in any other entity; and "(11) include any other appropriate provision not inconsistent J DS'l. f 1 with this title. "(c) Except as provided in subsections (b)(5) and (b)(9), the plan may not provide for payments over a period that is longer than three years unless the court for cause approves a longer period, but the court may not approve a period that is longer than five years. 11 USC 1223.

"§ 1223. ModiHcation of plan before confirmation "(a) The debtor may modify the plan at any time before confirmation, but may not modify the plan so that the plan as modified fails to meet the requirements of section 1222 of this title. "(b) After the debtor files a modification under this section, the plan as modified becomes the plan. "(c) Any holder of a secured claim that has accepted or rejected the plan is deemed to have accepted or rejected, as the case may be, the plan as modified, unless the modification provides for a change in the rights of such holder from what such rights were under the plan before modification, and such holder changes such holder's previous acceptance or rejection.

11 USC 1224.

"§ 1224. Conflrmation hearing "After expedited notice, the court shall hold a hearing on confirmation of the plan. A party in interest, the trustee, or the United States trustee may object to the confirmation of the plan. Except for cause, the hearing shall be concluded not later than 45 days after the filing of the plan. .••

eourts, U.S. 11 USC 1225.

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"§ 1225. Confirmation of plan "(a) Except as provided in subsection (b), the court shall confirm a plan if^ "(1) the plan complies with the provisions of this chapter and with the other applicable provisions of this title;

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