A debtor who continues to run a business and performs most of the functions that a trustee performs in other types of bankruptcy is called a(n):

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A debtor who continues to run a business and performs most of the functions that a trustee performs in other types of bankruptcy is called a debtor in possession (DIP). This is the case in Chapter 11 bankruptcy, where the debtor retains control of their assets and operations while a plan of reorganization is developed and approved by creditors and the court.

A Debtor Who Continues to Run a Business and Performs