In a Chapter 11 proceeding, the role of a debtor in possession is similar to that of a trustee in a Chapter 7 proceeding.

Name: In a Chapter 11 proceeding, the role of a debtor in possession is similar to that of a trustee in a Chapter 7 proceeding.
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In Chapter 11, the debtor in possession manages the business and assets, similar to a trustee's role in Chapter 7, but the debtor retains control instead of an appointed trustee.

In a Chapter 11 Proceeding, the Role of a Debtor