In a Chapter 7 bankruptcy filing, the debtor is referred to as a debtor in possession.

Name: In a Chapter 7 bankruptcy filing, the debtor is referred to as a debtor in possession.
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A debtor is referred to as a debtor in possession under Chapter 11, because the debtor keeps possession and control of the assets, continues to run the firm, and performs most of the functions that a trustee performs in other types of bankruptcy.

In a Chapter 7 Bankruptcy Filing, the Debtor Is Referred