RoutineMetric

U.S. Bankruptcy Reorganization Statutory Calendar

Calculate statutory restructuring milestones, commercial lease deadlines, and plan exclusivity caps under Chapter 11 and Subchapter V (SBRA) rules.

Case Parameters

Anchors all statutory timelines
Controls statutory exclusivity & deadlines

Custom & Court-Ordered Extensions

Models +14 days court-approved extension (28 days total)
Models court extension of up to 90 days under § 365(d)(4) (210 days total)
Models court-ordered plan extension of +60 days for cause (150 days total)
FRBP 9006(a) compliant
Case Urgency Profile: CRITICAL

Accelerated Subchapter V Track: High speed restructuring. Plan preparation must begin on day one. Status report must be ready in under 7 weeks.

Statutory Milestone Calendar

1

Schedules of Assets & Liabilities and Statement of Financial Affairs (SOFA)FRBP 1007(c)

August 27, 2026
Day 14Standard statutory clock

Debtors must file lists of assets, liabilities, income, expenses, and a financial history report unless further extensions are approved.

2

Subchapter V Status Report11 U.S.C. § 1188(c)

September 28, 2026
Day 46Mandatory - 14 days before conference

The debtor must file and serve a report detailing the restructuring efforts made and the path toward a consensual plan.

3

Subchapter V Status Conference11 U.S.C. § 1188(a)

October 13, 2026
Day 60Mandatory - within 60 days of caseRolled from Columbus Day (FRBP 9006(a))

The bankruptcy court holds an early conference to promote an amicable, cost-efficient, and rapid consensual plan process.

4

General Proofs of Claim Bar DateFRBP 3002(c)

October 22, 2026
Day 70Standard Subchapter V timeline

All non-governmental creditors must file a proof of claim to participate in voting and distributions.

5

Debtor's Exclusivity to File Plan11 U.S.C. § 1189(b)

November 12, 2026
Day 90Standard Subchapter V statutory clockRolled from Veterans Day (FRBP 9006(a))

The debtor must file their plan of reorganization. Standard Chapter 11 disclosure statement requirements are entirely waived.

6

Deadline to Assume or Reject Nonresidential Real Property Leases11 U.S.C. § 365(d)(4)

December 11, 2026
Day 120Standard statutory clock

Failure to timely assume a nonresidential commercial lease results in automatic rejection and immediate surrender of the premises.

7

Government Proofs of Claim Bar Date11 U.S.C. § 502(b)(9)

February 9, 2027
Day 180Absolute statutory limit

The absolute statutory deadline for federal, state, and local agencies to file proofs of claim (e.g., IRS tax obligations).

Case Calendar Summary Block

Petition Filing DateAugust 13, 2026
Case Type & ChapterSubchapter V (Small Business Reorganization)
Schedules & SOFA ExtensionNo (Standard 14-Day Limit)
Nonresidential Commercial LeaseNo (Standard 120-Day Limit)
Subchapter V Plan ExtensionNo (Standard 90-Day Limit)

Comparison: Standard Chapter 11 vs. Subchapter V (SBRA)

Standard Chapter 11 Reorganization

  • Creditor Committees: Typically appointed by the US Trustee; adds legal & advisory overhead.
  • Disclosure Statement: Requires filing a complex disclosure document before plan solicitation.
  • Absolute Priority Rule: Owners cannot retain equity without paying creditors in full or contributing 'new value'.
  • Cost structure: Extremely expensive; administrative fees are uncapped and calculated quarterly.

Subchapter V (SBRA of 2019)

  • Speed & Deadlines: Strict 90-day filing clock, status conference held in 60 days.
  • No Committees: No official creditors' committee except for extraordinary cause, lowering costs.
  • Abolished Absolute Priority Rule: Debtors can retain ownership by dedicating disposable income over 3-5 years.
  • Subchapter V Trustee: Active supervisor facilitating consensual agreement, saving litigation expenses.
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Statutory Calendaring & Timelines in U.S. Corporate Bankruptcy Cases

Navigating the statutory clock in corporate restructurings under the United States Bankruptcy Code requires impeccable precision. Standard Chapter 11 reorganizations and Subchapter V under the Small Business Reorganization Act (SBRA) impose strict deadlines that govern debtor exclusivity, creditor rights, real property lease retention, and administrative reports. Failure to comply with these statutory timelines can trigger the immediate loss of debtor control, creditor takeover, or conversion of the case to Chapter 7 liquidation.

The Crucial Weekend & Holiday Rule: FRBP 9006(a)

Unlike ordinary business days calculations, bankruptcy deadlines compute intermediate weekends and holidays. However, under Federal Rule of Bankruptcy Procedure (FRBP) 9006(a), if the final day of a deadline falls on a Saturday, Sunday, or legal federal holiday, the period continues to run until the end of the next calendar day that is not a weekend or federal holiday. This calculator incorporates these complex roll-forward rules, shielding debtor-in-possession (DIP) legal teams from severe technical defaults.

Commercial Nonresidential Lease Assumption under Section 365(d)(4)

One of the most unforgiving clocks in all of bankruptcy law is Section 365(d)(4). The debtor-in-possession must assume or reject nonresidential commercial real estate leases within 120 days of the petition date. While the court can grant a single extension of up to 90 days for cause (bringing the maximum period to 210 days), any further extension is statutorily prohibited without prior written consent from the landlord. If this deadline passes without a court order, the lease is rejected as a matter of law, and the debtor is mandated to immediately surrender the premises.

Standard Chapter 11 Exclusivity vs. Subchapter V Timelines

In standard Chapter 11 cases, the debtor is granted an initial 120-day exclusive period to file a plan of reorganization, which can be extended up to 18 months (540 days). The exclusive period to obtain acceptances of that plan is 180 days, extendable up to 20 months (600 days).

In contrast, Subchapter V functions on an extremely accelerated track. There is no disclosure statement process. Instead, the debtor must participate in a mandatory court-conducted status conference within 60 days of the petition date, preceded by a formal status report due 14 days prior. The debtor must file their plan of reorganization within 90 days. Extensions of this 90-day window are only granted if the debtor proves that the delay is attributable to circumstances beyond their control.

Proofs of Claim & Bar Dates

Filing a proof of claim is necessary for a creditor to receive distributions from the bankruptcy estate. In standard cases, local bankruptcy rules or specific court orders dictate the general bar date. In Subchapter V cases, FRBP 3002(c) sets a strict general proof of claim bar date at 70 days following the petition date. For federal and state government entities (such as the IRS or state departments of revenue), the governmental claims bar date is statutorily set at 180 days after the petition filing date under Section 502(b)(9).

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