| Chapter 11 |
 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.
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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.
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An Overview Of Corporate Bankruptcy - As soon as you invest in a company, you face this risk. Find out what it means.
GE Commercial Finance - The only chapter 11 bankruptcy expert part of a Fortune 5 industrial giant. |
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