Which methods of bankruptcy require the entrepreneur to come up with a payment plan

Question

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Both Chapter 11 and Chapter 13 bankruptcies require the entrepreneur to come up with a payment plan to repay their creditors over a specified period of time. In Chapter 11, the payment plan must be approved by both the creditors and the bankruptcy court, while in Chapter 13, the debtor proposes the payment plan to the court for approval.

Which Methods of Bankruptcy Require the Entrepreneur to Come Up