According to Chapter 11 of the Bankruptcy Reform Act of 1978

According to Chapter 11 of the Bankruptcy Reform Act of 1978:

A) the firm that files for bankruptcy protection cannot operate while its debts are being repaid.
B) society should compensate those who have suffered an injury as a result of wrongful action(s) by others.
C) if the business is so far gone that it cannot keep operating, it must be liquidated.
D) the bankrupt business can be reorganized only when the bankruptcy petition is filed voluntarily.