Chapter 11 bankruptcy

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.

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  • Chapter 13 bankruptcy — The chapter of the Bankruptcy Code providing for adjustment of debts of an individual with regular income. Chapter 13 allows a debtor to keep property and pay debts over time, usually three to five years (BANKRUPTCY DICTIONARY OF TERMS)/. United… …   Glossary of Bankruptcy

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  • Chapter 13 bankruptcy — A type of consumer bankruptcy designed to help debtors reorganize their debts and pay all or a portion of them over three to five years. In Chapter 13 bankruptcy, debtors keep their property and use their income to repay creditors according to a… …   Law dictionary

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  • Chapter 12 bankruptcy — A type of bankruptcy that allows small farmers to reorganize their debts. Category: Bankruptcy, Foreclosure & Debt → Bankruptcy Nolo’s Plain English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009 …   Law dictionary

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