In Re Offield

77 B.R. 222, 1987 Bankr. LEXIS 1361
CourtUnited States Bankruptcy Court, W.D. Missouri
DecidedAugust 25, 1987
Docket19-50056
StatusPublished
Cited by1 cases

This text of 77 B.R. 222 (In Re Offield) is published on Counsel Stack Legal Research, covering United States Bankruptcy Court, W.D. Missouri primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
In Re Offield, 77 B.R. 222, 1987 Bankr. LEXIS 1361 (Mo. 1987).

Opinion

ORDER DISMISSING CASE

FRANK W. KROGER, Bankruptcy Judge.

Debtor filed his petition under Chapter 12, Title 11 U.S.C. on May 6, 1987, and an Order For Relief was entered on said date. Pursuant to the provisions of § 1221, debtor was required to file his plan by August 5, 1987. Debtor did not do so, and as of August 25, 1987, has not yet done so. In *223 stead on August 14, 1987, debtor filed a request for an extension of time to file a plan. Such request for extension was open-ended (in that it did not request any specified period of time) and apparently was requested for a period of time to be determined by the resolution of an adversary action that debtor indicated he intended to file against the Chillicothe State Bank to recover “substantial property of the estate”. As of August 25, 1987, said adversary has not been filed.

This Court has already ruled that failure to file a plan on the ninetieth day is not jurisdictional and that a plan filed on the ninety-second day may be confirmed, In re Raylyn AG, Inc., 72 B.R. 523 (Bankr.S.D.Iowa 1987), a decision being appealed rather than applauded by the Farmers Home Administration. However, there comes a point at which the Court can only look to and apply the law as set out in the statute itself. Section 1221 provides that a plan “shall be filed not later than ninety days after the order for relief”. In this case no plan has been filed although one hundred and ten (110) days have passed since the Order for Relief was entered. The comments of Senator Grassley contained in the Conference Reports are clear and unequivocal as to what should happen under such circumstances.

The Objection of the Chillicothe State Bank to the Motion is SUSTAINED and this case is DISMISSED.

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Related

In Re Novak
103 B.R. 403 (E.D. New York, 1989)

Cite This Page — Counsel Stack

Bluebook (online)
77 B.R. 222, 1987 Bankr. LEXIS 1361, Counsel Stack Legal Research, https://law.counselstack.com/opinion/in-re-offield-mowb-1987.