In a Chapter 11 proceeding, a debtor corporation and its creditors agree on a plan under which the corporation pays a portion of its debt.

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In a Chapter 11 bankruptcy proceeding, the debtor corporation typically proposes a reorganization plan that may include paying back a portion of its debts while continuing its operations, which must be agreed upon by its creditors.

In a Chapter 11 Proceeding, a Debtor Corporation and Its