Section 706 - Conversion

Title 11 of the United States Code - Bankruptcy
LIQUIDATION – CHAPTER 7

Conversion- Section 706

11 USCS § 706


(a) The debtor may convert a case under this chapter to a case under chapter 11, 12, or 13 of this title at any time, if the case has not been converted under section 1112, 1208, or 1307 of this title [11 USCS § 1112, 1208, or 1307]. Any waiver of the right to convert a case under this subsection is unenforceable.
 
(b) On request of a party in interest and after notice and a hearing, the court may convert a case under this chapter [11 USCS §§ 701 et seq.] to a case under chapter 11 of this title [11 USCS §§ 1101 et seq.] at any time.
 
(c) The court may not convert a case under this chapter to a case under chapter 12 or 13 of this title unless the debtor requests or consents to such conversion.
 
(d) Notwithstanding any other provision of this section, a case may not be converted to a case under another chapter of this title unless the debtor may be a debtor under such chapter.

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