Chapter 11 bankruptcy

GPTKB entity

Statements (34)
Predicate Object
gptkbp:instanceOf bankruptcy process
gptkbp:administeredBy gptkb:United_States_Trustee_Program
gptkbp:allows reorganization of debts
gptkbp:appliesTo individuals
businesses
gptkbp:can_be_involuntary yes
gptkbp:can_be_voluntary yes
gptkbp:distinctFrom gptkb:Chapter_13_bankruptcy
gptkb:Chapter_7_bankruptcy
gptkbp:filed_in gptkb:United_States_federal_law
gptkbp:governedBy gptkb:Title_11_of_United_States_Code
https://www.w3.org/2000/01/rdf-schema#label Chapter 11 bankruptcy
gptkbp:may_result_in discharge of debts
liquidation under Chapter 7
restructuring of debts
sale of assets
gptkbp:mayInclude creditors' committee
trustee appointment
gptkbp:originatedIn 1978
gptkbp:part_of gptkb:United_States_Bankruptcy_Code
gptkbp:permits debtor to operate business
debtor to remain in possession
gptkbp:requires confirmation hearing
court approval of reorganization plan
disclosure statement
gptkbp:sometimesCalled reorganization bankruptcy
gptkbp:subject automatic stay
gptkbp:used_in small businesses
large corporations
individuals with high debt
gptkbp:bfsParent gptkb:bankruptcy
gptkb:United_States_bankruptcy_courts
gptkb:United_States_Bankruptcy_Court
gptkbp:bfsLayer 5