Which of the following is the goal of Chapter 11?
A) equitable distribution of the bankruptcy estate to all creditors
B) strict distribution of the bankruptcy estate according to the statutorily-prescribed order of distribution to creditors
C) discharge of the debtor's unsecured debts and payment of secured debts
D) a proposed new capital structure for the debtor to assume when it emerges from bankruptcy
Correct Answer:
Verified
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