wild child
2 Answers
mizz2012
dubs3
Yes it is...see this description below
What Does Chapter 11 Mean?
Named after the U.S. bankruptcy code 11, Chapter 11 is a form of bankruptcy that involves a reorganization of a debtor's business affairs and assets. It is generally filed by corporations which require time to restructure their debts.
Chapter 11 gives the debtor a fresh start, subject to the debtor's fulfillment of its obligations under its plan of reorganization.
Named after the U.S. bankruptcy code 11, Chapter 11 is a form of bankruptcy that involves a reorganization of a debtor's business affairs and assets. It is generally filed by corporations which require time to restructure their debts.
Chapter 11 gives the debtor a fresh start, subject to the debtor's fulfillment of its obligations under its plan of reorganization.
Investopedia explains Chapter 11
A Chapter 11 reorganization is the most complex of all bankruptcy cases and generally the most expensive. It should be considered only after careful analysis and exploration of all other alternatives.
A Chapter 11 reorganization is the most complex of all bankruptcy cases and generally the most expensive. It should be considered only after careful analysis and exploration of all other alternatives.
| 12 years ago. Rating: 0 | |
Top contributors in Personal Finance category
Unanswered Questions
gamedoithuongviet
Answers: 0
Views: 8
Rating: 0
gamedoithuongviet
Answers: 0
Views: 4
Rating: 0
Yo88
Answers: 0
Views: 20
Rating: 0
mu88comtop
Answers: 0
Views: 22
Rating: 0
ta88betonline
Answers: 0
Views: 21
Rating: 0
Aeromexico en Español Telefono
Answers: 0
Views: 16
Rating: 0
PXJ
Answers: 0
Views: 18
Rating: 0
PXJ
> More questions...
Answers: 0
Views: 18
Rating: 0