The chapter of the Bankruptcy Code providing (generally) for reorganization, usually involving a corporation or partnership. (A chapter 11 debtor usually proposes a plan of reorganization to keep its business alive and pay creditors over time. People in business or individuals can also seek relief in chapter 11.)
A case filed under chapter 11 of the United States Bankruptcy Code is frequently referred to as a “reorganization” bankruptcy.
The following provides additional detail about Chapter 11:
- Acceptance of the Plan of Reorganization
- Adversary Proceedings
- Avoidable Transfers
- Cash Collateral, Adequate Protection, and Operating Capital
- Claims
- Conversion or Dismissal
- Creditors’ Committees
- Equity Security Holders
- How Chapter 11 Works
- Motions
- Postconfirmation Administration
- Postconfirmation Modification of the Plan
- Revocation of the Confirmation Order
- The Automatic Stay
- The Chapter 11 Debtor in Possession
- The Discharge
- The Disclosure Statement
- The Final Decree
- The Small Business Case and the Small Business Debtor
- The U.S. Trustee or Bankruptcy Administrator
- Who Can File a Plan