Investor Glossary-chapter 11Investor Glossary-chapter 11Investor Glossary-chapter 11Investor Glossary-chapter 11Insightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Chapter 11

The HTML to link to this page
 

Chapter 11 is a section of the US Bankruptcy Reform Act of 1978. Chapter 11 allows partnerships, corporations, and individuals who are unable to service debts or pay its creditors, to seek judicial relief for re-organization. On Chapter 11 filing, the court imposes a moratorium on foreclosures, repossessions, tax levies and other creditor actions, and enforces a repayment plan. Chapter 11 debtor should present a plan of reorganization within 120 days and get it accepted within 180 days after filing Chapter 11 petition. Under Chapter 11, if one half the creditors including bondholders and stockholders, or creditors for two-thirds the debt amounts agree to the plan, it is accepted. A Chapter 11 debtor has to file monthly reports with the US Trustees Office, the bankruptcy division under the Justice Department. According to Chapter 11, a creditor also can initiate re-organization proceedings. The US Trustees Office will develop a plan of reorganization in consultation with the debtor, creditors, and stockholders.



Rate this Chapter 11 definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: Key Rate Duration, EBITDA, phantom income, debt service coverage, inflation, liquidity ratio, wholly-owned subsidiary, limit order, Zero Cost Collar, FTSE, LIBOR, required rate of return, covered put, 401a, class C shares, diluted share, annual return, APR, stock market close, VIX, current ratio, labor relations, 144a, ex-dividend date, 1035 exchange, cancelled check, per diem, implied volatility, real GDP, minority interest, margin rate, command economy, ex-dividend, quality assurance, irrevocable trust, risk management, in escrow, reverse mortgage, retained earnings, deferred tax, dividends payable, average price per share, option premium, balance sheet, open position, 1031 exchange, stock split, FICO score, deferred revenue


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2015 Investor Glossary - All rights reserved - Terms of Use