|chapter 11 bankruptcy individual||0.88||0.5||974||75|
|chapter 11 bankruptcy for individual||0.51||0.3||7318||68|
|bankruptcy chapter 11 discharge individual||0.86||1||4336||49|
|bankruptcy chapter 11 individual vs business||0.17||0.5||3878||95|
|chapter 11 bankruptcy for individuals||1.92||0.4||43||99|
|chapter 11 bankruptcy for an individual||0.32||0.2||6861||1|
The overall purpose of the chapter 11 bankruptcy is to prohibit creditors from collecting on pre-bankruptcy debts, while allowing a company the chance to reorganize its existing finances and operations through the use of federal bankruptcy law.