Chapter 11 bankruptcy
A type of bankruptcy that allows businesses to reorganize their debt load in order to remain in business.
Category: Bankruptcy, Foreclosure & Debt → Bankruptcy

Nolo’s Plain-English Law Dictionary. . 2009.

Look at other dictionaries:

  • Chapter 11 bankruptcy — A reorganization bankruptcy, 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 (BANKRUPTCY DICTIONARY OF TERMS)/. United Glossary… …   Glossary of Bankruptcy

  • Chapter 11 bankruptcy —    Reorganization bankruptcy mainly for businesses, either voluntary or involuntary, in which the debtor remains in possession and control of the business. The creditors and the debtor agree on a plan that permits the business to continue after… …   Business law dictionary

  • chapter 11 bankruptcy — noun see chapter 11 …   Useful english dictionary

  • Chapter 11 bankruptcy protection — ➔ protection …   Financial and business terms

  • Chapter 11 — reorganization proceedings, generally for business entities. The debtor maintains control of the business in Chapter 11, unless the Court appoints a trustee (Glossary of Common Bankruptcy Terms) A reorganization proceeding in which the debtor may …   Glossary of Bankruptcy

  • Chapter 11 plan — The Chapter 11 plan must contain, among other things, a division of the claims into various classes, a description of the treatment of each claim, a comparison of the treatment under the Chapter 11 plan to projected treatment under Chapter 7… …   Glossary of Bankruptcy

  • Chapter 11 - Business Reorganization — A petition designed to reorganize business debt. The business normally is permitted to continue its operations under court supervision until some plan of reorganization is approved by the creditors (Legal Dictionary: Bankruptcy Law) United… …   Glossary of Bankruptcy

  • Chapter 11, Title 11, United States Code — Bankruptcy in the United States Bankruptcy in the United States Authority · History U.S. Trustee Court  …   Wikipedia

  • chapter 11 — noun or chapter 11 bankruptcy Usage: usually capitalized C Etymology: from Chapter 11 of the United States Bankruptcy Code : bankruptcy as provided under Chapter 11 of the Bankruptcy Code which governs corporate reorganization declared Chapter 11 …   Useful english dictionary

  • Chapter 11 — Provisions of the Bankruptcy Reform Act ( bankruptcy) under which the debtor firm is reorganized by a court because the estimated value of the reorganized firm exceeds the expected proceeds from its liquidation. Bloomberg Financial Dictionary * * …   Financial and business terms

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