Bankrupt and Chapter 11: Difference between pages
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''US insolvency law''. | |||
Chapter 11 of the US Bankruptcy Code. | |||
Chapter 11 is designed to allow a financially stressed business temporary protection from its creditors, in order to provide an opportunity for recovery. | |||
A Chapter 11 debtor usually proposes a plan of reorganization to keep its business alive, and pay its creditors over time. | |||
== See also == | == See also == | ||
*[[Insolvency]] | * [[Administration]] | ||
* [[Bankruptcy]] | |||
* [[Bankruptcy Code]] | |||
* [[Examinership]] | |||
* [[Going concern]] | |||
* [[Liquidation]] | |||
* [[Receivership]] | |||
* [[Insolvency]] | |||
* [[United States]] | |||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:Compliance_and_audit]] | |||
Latest revision as of 10:11, 11 July 2018
US insolvency law.
Chapter 11 of the US Bankruptcy Code.
Chapter 11 is designed to allow a financially stressed business temporary protection from its creditors, in order to provide an opportunity for recovery.
A Chapter 11 debtor usually proposes a plan of reorganization to keep its business alive, and pay its creditors over time.
