Chapter 11
Contrary to pouplar belief, Chapter 11 is not bankruptcy... It is Bankruptcy PROTECTION. Companies file Chapter 11 in order to
restructure while protecting themselves from being liquidated by creditors.
Chapter 7 is
liquidation with a cessation of all business activities.
Chapter 11
by GerbalFiend on Apr 13, 2006 08:50:32
Example:
Yeah so I was having this
Chester guy handle my
chapter 11 cause im in serious debt, but it turns out the whole time he was feeling his own chapter 11. Never trust a
Salomon
Chapter 11
by Sir-Berus on Jan 29, 2018 09:23:12
Gay. Homosexual. Two of the same thing
pressed together. Usually used as an insult.
From
the book "
Proxy" by Alex London
Example:
Guy1: Hey, you're cute.
Guy2: Ew, gross! Chapter 11
freak.
chapter 11
by k on Nov 29, 2004 11:18:55
Chapter 11 baby factory
by Gilf factory on Nov 10, 2019 10:44:33