---
kind: "section"
citation: "11 U.S.C. § 1111"
title: "11"
title_heading: "Bankruptcy"
number: "1111"
heading: "Claims and interests"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/11/1111"
units:
  - "Chapter 11 — Reorganization"
  - "Subchapter I — Officers and Administration"
---

# §1111. Claims and interests

- (a) A proof of [claim](/usc/11/101.md?p=5) or interest is deemed filed under [section 501 of this title](/usc/11/501.md) for any [claim](/usc/11/101.md?p=5) or interest that appears in the schedules filed under section [521(a)(1)](/usc/11/521.md?p=a-1) or [1106(a)(2)](/usc/11/1106.md?p=a-2) of this title, except a [claim](/usc/11/101.md?p=5) or interest that is scheduled as disputed, contingent, or unliquidated.
- (b)
  - (1)
    - (A) A [claim](/usc/11/101.md?p=5) secured by a [lien](/usc/11/101.md?p=37) on property of the estate shall be allowed or disallowed under [section 502 of this title](/usc/11/502.md) the same as if the holder of such [claim](/usc/11/101.md?p=5) had recourse against the [debtor](/usc/11/101.md?p=13) on account of such [claim](/usc/11/101.md?p=5), whether or not such holder has such recourse, unless—
      - (i) the class of which such [claim](/usc/11/101.md?p=5) is a part elects, by at least two-thirds in amount and more than half in number of allowed [claims](/usc/11/101.md?p=5) of such class, application of paragraph (2) of this subsection; or
      - (ii) such holder does not have such recourse and such property is sold under [section 363 of this title](/usc/11/363.md) or is to be sold under the plan.
    - (B) A class of [claims](/usc/11/101.md?p=5) may not elect application of paragraph (2) of this subsection if—
      - (i) the interest on account of such [claims](/usc/11/101.md?p=5) of the holders of such [claims](/usc/11/101.md?p=5) in such property is of inconsequential value; or
      - (ii) the holder of a [claim](/usc/11/101.md?p=5) of such class has recourse against the [debtor](/usc/11/101.md?p=13) on account of such [claim](/usc/11/101.md?p=5) and such property is sold under [section 363 of this title](/usc/11/363.md) or is to be sold under the plan.
  - (2) If such an election is made, then notwithstanding [section 506(a) of this title](/usc/11/506.md?p=a), such [claim](/usc/11/101.md?p=5) is a secured [claim](/usc/11/101.md?p=5) to the extent that such [claim](/usc/11/101.md?p=5) is allowed.

## Source credit

(Pub. L. 95–598, Nov. 6, 1978, 92 Stat. 2630; Pub. L. 111–327, § 2(a)(32), Dec. 22, 2010, 124 Stat. 3561.)

## Notes

### Historical and Revision Notes

### legislative statements

A discussion of section 1111(b) of the House amendment is best considered in the context of confirmation and will therefore, be discussed in connection with section 1129.

### senate report no. 95–989

This section dispenses with the need for every creditor and equity security holder to file a proof of claim or interest in a reorganization case. Usually the debtor’s schedules are accurate enough that they will suffice to determine the claims or interests allowable in the case. Thus, the section specifies that any claim or interest included on the debtor’s schedules is deemed filed under section 501. This does not apply to claims or interests that are scheduled as disputed, contingent, or unliquidated.

### Editorial Notes

### Amendments

2010—Subsec. (a). Pub. L. 111–327 substituted “521(a)(1)” for “521(1)”.