chapter 11 definition

chapter 11 definition

Glossary: chapter 11

Chapter 11 is the part of the U.S. Bankruptcy Code that contains the provisions for Court-supervised reorganization of debtor companies. In a Chapter 11, the debtor proposes a plan, which is then voted on by the creditors.


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Business Consulting

Definition: chapter 11

Factoring provides cash to your business with no time delay from issuing invoices as well as sales ledger and collection services.

Accounts Receivables Financing (Factoring): The balance, less charges, is paid when the customer makes payment directly to the factor.

Factoring Glossary - Define: chapter 11 - 2004 HJ Ventures International, Inc.