Chapter 11 Bankruptcy for businesses

LIST Code: MO-13-09-00-00

LIST Code

MO-13-09-00-00

Title

Chapter 11 Bankruptcy for businesses

Definition

This category concerns the option and process of filing for Chapter 11 bankruptcy, which is typically used by larger businesses to reorganize themselves. Chapter 11 bankruptcies allow a company to stay active while repaying creditors and restructuring debts.

Other Taxonomy Terms

These terms in other taxonomies are equivalent to this term. They are mapped to each other.

  • NSMI v1 Taxonomy: 1010500
Last updated on Jul 01 2022

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