Section 1203 - Rights and Powers of Debtor


Title 11 of the United States Code - Bankruptcy
ADJUSTMENT OF DEBTS OF A FAMILY FARMER OR FISHERMAN WITH REGULAR ANNUAL INCOME – CHAPTER 12


Rights and Powers of Debtor –Section 1203
11 USCS § 1203



'Subject to such limitations as the court may prescribe, a debtor in possession shall have all the rights, other than the right to compensation under section 330 [11 USCS § 330], and powers, and shall perform all the functions and duties, except the duties specified in paragraphs (3) and (4) of section 1106(a) [11 USCS § 1106(a)], of a trustee serving in a case under chapter 11, including operating the debtor's farm or commercial fishing operation.

The entire US Bankruptcy Code is available here for your convenience.  We invite you to click through the various sections of the Code.  Although a complex document, we felt it important to provide here for bankruptcy filers, law students, and anyone interested in reading up on bankruptcy (aka Title 11 of the Bankruptcy Code) and its various chapters including Chapters 7 (aka the Fresh Start bankruptcy) and Chapter 9 (a reorganization as opposed to a liquidation bankruptcy).
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