Assertion: bankruptcy's chapter | /r/HasProperty | a reorganization bankruptcy
Facets:
value: often
type: TEMPORAL
value: for businesses.﻿﻿
type: TRANSITIVE-OBJECT
Source sentences:
text: They can file for bankruptcy protection under Chapter 7 or Chapter 11, which is a reorganization bankruptcy for businesses.﻿﻿
text: Chapter 7 , also known as liquidation bankruptcy, is usually what people think of when someone mentions bankruptcy.
text: Chapter 11 is often referred to as “reorganization bankruptcy” because it gives businesses a chance to stay open while they restructure the business’ debts and assets so it can pay back creditors.
text: Chapter 7 is a liquidation bankruptcy that wipes out most of your general unsecured debts such as credit cards and medical bills without the need to pay back balances through a repayment plan.
text: A Chapter 7, by contrast, is known as a liquidation bankruptcy.
text: Chapter 7 is known as the “liquidation bankruptcy’’ because it discharges most of your unsecured debt.
text: Chapter 11 is often called the “reorganization bankruptcy.
text: Chapter 13 is a reorganization bankruptcy designed for debtors with regular income who have enough left over each month to pay back at least a portion of their debts through a repayment plan.
text: The biggest difference between Chapter 11 and Chapter 7 is Chapter 11 is a reorganization bankruptcy and Chapter 7
text: Chapter 7, also known as liquidation bankruptcy, is the most popular form of bankruptcy.
text: Chapter 11 is often referred to as “reorganization bankruptcy” because it gives businesses a chance to stay open while they restructure the business’ debts and assets so it can pay back creditors.