Rule 3009 — Chapter 7—Paying Dividends

Fed. R. Bankr. P. 3009

• Source: Federal Rules of Bankruptcy Procedure
• Rule: 3009
• PART X: [ABROGATED]
• Citation: Fed. R. Bankr. P. 3009

Text

In a Chapter 7 case, dividends to creditors on claims that have
been allowed must be paid as soon as practicable. A dividend
check must be made payable to and mailed to the creditor. But if
a power of attorney authorizing another entity to receive pay-
ment has been filed under Rule 9010, the check must be:
(a) made payable to both the creditor and the other entity; and
(b) mailed to the other entity.

Advisory Committee Notes

(As amended Mar. 30, 1987, eff. Aug. 1, 1987; Apr. 22, 1993, eff. Aug. 1, 1993; Apr. 2, 2024, eff. Dec. 1, 2024.)