When large firms file for bankruptcy,they usually do so under an arrangement called:

Name: When large firms file for bankruptcy,they usually do so under an arrangement called:
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Chapter 11 bankruptcy is typically used by large businesses to reorganize and pay off their debts while still operating. Chapter 9 applies to municipalities, Chapter 13 is for individuals with regular income, and Chapter 14 does not exist in the bankruptcy code.

When Large Firms File for Bankruptcy,they Usually Do So Under