NABT Annual Conference 2024

When Subchapter V was new, there was not much guidance or experience with post-confirmation issues. Now that Subchapter V is in its fourth year, trustees and practitioners are finding out there are many paths a Reorganized Debtor and the Subchapter V Trustee can travel once a plan is confirmed. The goal of this Session is to engage in a meaningful discussion of what happens on those paths less traveled. The Panel will highlight how to modify plans after confirmation, tips for when the Trustee is the distribution agent, obtaining a discharge for Debtors with non-consensual confirmations, what happens when a Debtor fails to comply with the provisions of a consensual plan and the impact on discharge, reappointing a Subchapter V Trustee post confirmation, post confirmation conversion to chapter 7, and other interesting post-confirmation issues. The panel will also discuss issues related to getting paid for post-confirmation services as well as how to perform a Trustee’s duties post-confirmation in instances where the Trustee is not the disbursing agent. The goal is discuss a road map for dealing with potential situations that may arise post-confirmation from the Subchapter Trustee’s position, as well as for Debtor counsel.