Subchapter V Discharge: 1191(a) vs 1191(b)

The discharge is the entire point of bankruptcy. In Sub V, when you get it depends on whether creditors accept your plan.

Two Paths to Discharge

Subchapter V offers two distinct confirmation and discharge paths. The difference between them is the most important strategic decision in your case.

FeatureSection 1191(a) -- ConsensualSection 1191(b) -- Cramdown
Creditor acceptanceAll impaired classes acceptAt least one impaired class rejects
Discharge timingAt confirmationAfter completing all plan payments
Plan duration commitmentFlexible -- no disposable income requirement3-5 years of projected disposable income
Absolute priority ruleDoes not applyDoes not apply
Debtor keeps businessYesYes
Post-confirmation trusteeTrustee service terminatesTrustee continues making distributions

Section 1191(a): Consensual Confirmation

Under § 1191(a), the plan is confirmed because all impaired classes of creditors have voted to accept it. This is the best outcome for the debtor because:

Voting mechanics: A class accepts the plan if more than half in number and at least two-thirds in dollar amount of the voting creditors in that class vote yes. Creditors who do not vote are not counted. Classes that are unimpaired (paid in full) are deemed to accept.

Section 1191(b): Cramdown Confirmation

If at least one impaired class rejects the plan, the court can still confirm it under § 1191(b) -- the "cramdown" provision. Requirements:

Critical difference: Under § 1191(b), the discharge is not entered until after the debtor completes all plan payments. That can be 3-5 years of living under court supervision, filing reports, and making payments. If you default, the case can be dismissed or converted.

Scope of the Discharge

The Sub V discharge covers the same debts as a regular Chapter 11 discharge. It releases the debtor from personal liability for pre-petition debts that were dealt with in the plan. Exceptions (debts that survive discharge) include:

For entity debtors (corporations, LLCs), the discharge exceptions are narrower because § 523 applies only to individual debtors.

Strategy: Always Aim for 1191(a)

The advantages of consensual confirmation are so significant that every Sub V debtor should make achieving § 1191(a) a primary goal:

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