Chapter 11 Final Report And Motion For Final Decree {LBF N-1}

LBF-N1 - CHAPTER 11 FINAL REPORT AND MOTION FOR FINAL DECREE [FOR NON-INDIVIDUAL DEBTOR]. This form is used in the United States Bankruptcy Court for the District of Maryland to formally conclude a Chapter 11 bankruptcy case filed by a business or other non-individual entity. This form provides a comprehensive financial summary of the bankruptcy estate’s administration following confirmation of the Chapter 11 plan. It includes a detailed report of total funds received during the plan period, along with itemized payments made to secured creditors, priority and unsecured creditors, administrative professionals (such as attorneys and accountants), and other entities entitled to payment under the plan. The form also includes a comparison between the projected and actual payments to the class of general unsecured creditors and states whether the plan has been "substantially consummated"—a key requirement for closing the case. Once completed and signed by the plan proponent or trustee, this report serves as a motion requesting the Court to enter a final decree, which officially closes the bankruptcy case. The document must be served on relevant parties including the United States Trustee, any creditors’ committee, and the 20 largest unsecured creditors. A certificate of service section confirms that all necessary parties have been notified, either electronically or by mail. www.FormsWorkflow.com