Chapter 11 Bankruptcy, also called a reorganization bankruptcy, allows a company to restructure its debts in order to stay in business and become solvent. Could your debt be reduced or forgiven? Take our financial relief quiz.

Understanding the Context

Some business owners and individuals with large amounts of debt turn to Chapter 11 bankruptcy to restructure what they owe and ... TheStreet on MSN: Auto parts company Grupo Antolin files Chapter 15 bankruptcy TheStreet on MSN: Sleep Number to sell chain in Chapter 11 bankruptcy U.S. News Money: Chapter 7 vs. Chapter 13 Bankruptcy: Which Is Best for You?

Key Insights

If you’re trying to make sense of bankruptcy jargon and hoping to understand the differences between the different types of bankruptcies, particularly Chapter 7 and Chapter 13, you’ll want to read on. CBS News: Does a Chapter 13 bankruptcy take all of your income? We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But there's a persistent misconception about Chapter 13 bankruptcy that ...

Final Thoughts

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The meaning of CHAPTER is a main division of a book. How to use chapter in a sentence.