§1192 Subchapter V Discharge in Virginia

How 11 U.S.C. § 1192 applies in Virginia — federal bankruptcy law, Virginia district data.

What §1192 Subchapter V Discharge Does

Subchapter V of Chapter 11 (enacted by SBRA 2019) provides a streamlined reorganization path for small-business debtors. §1192 governs the discharge: available after completion of plan payments in most cases, or at plan confirmation in limited consensual cases. Broader scope than Chapter 7 but narrower than the pre-2005 Chapter 11 discharge.

Key points:

Virginia Bankruptcy Data (FJC)

146,202
Total filings
49.9%
Dismiss rate
47,674
Prior filers
35.8%
Prior discharge rate

Districts covered: E.D. Va., W.D. Va..

Apply This to Your Case

The rules above are federal — they apply identically in every state. What varies by state is exemptions (§522), median income thresholds (means test), and case-law interpretations of ambiguous terms. For a Virginia-specific answer, check the screener or consult a local attorney.

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Related Virginia Statutes

§1192 Subchapter V Discharge in Other States