US · rules

Fed. R. Bankr. P. 3010

Chapter 7, Subchapter V of Chapter 11, Chapter 12, and Chapter 13—Limits on Small Dividends and Payments

activein force · 2024-12-01 – presentact-effective-date

(a) CHAPTER 7. In a Chapter 7 case, the trustee must not distribute to a creditor any dividend less than $5 unless authorized to do

so by local rule or court order. A dividend not distributed must be

treated in the same manner as unclaimed funds under § 347.

(b) SUBCHAPTER V OF CHAPTER 11, CHAPTER 12, AND CHAPTER 13.

In a case under Subchapter V of Chapter 11, or under Chapter 12

or 13, the trustee must not distribute to a creditor any payment

less than $15 unless authorized to do so by local rule or court

order. Distribution must be made when accumulated funds total

$15 or more. Any remaining funds must be distributed with the

final payment.

(As amended Mar. 30, 1987, eff. Aug. 1, 1987; Apr. 30, 1991, eff. Aug.

1, 1991; Apr. 11, 2022, eff. Dec. 1, 2022; Apr. 2, 2024, eff. Dec. 1, 2024.)

Provenance

Source: uscourts.gov
Retrieved: 2026-09-03
Edition: 2026-08-19
Content hash: 5bcf98c876f1641891d1ada8668805e7c0af156f7e587dc2ba0af9650a7d7ba6

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