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Technology
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| Number of pages / Number of words: |
8 / 2122 |
Essay's paper body
A chapter 11 debtor is discharged from its debt and can continue to run its business with a court-approved plan of reorganization. A chapter 7 debtor has its business liquidated by a court-appointed trustee.
The Automatic Stay
o The automatic stay prevents any creditor from taking a step that is hostile toward the debtor, including filling a lawsuit, terminating a contract filing a lien, and soon...
Essay fragment
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A chapter 11 debtor is discharged from its debt and can continue to run its business with a court-approved plan of reorganization. A chapter 7 debtor has its business liquidated by a court-appointed trustee.
The Automatic Stay
o The automatic stay prevents any creditor from taking a step that is hostile toward the debtor, including filling a lawsuit, terminating a contract filing a lien, and soon...
Essay fragment
General points of the essay
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