the scheduled territories another name for sterling area
Why is bankruptcy called “chapter 11?” What about chapters 10 and 12?
With American giants like Blockbuster and filing for chapter 11 bankruptcy protection, we were wondering where this term came from. Chapter 11 is often used synonymously with bankruptcy, but Chapter 11 and bankruptcy, however, aren’t exactly the same. Chapter 11 is a specific section of the U.S. Bankruptcy Code. It permits the reorganization of assets and debts, under court supervision, of an insolvent corporation. Individuals can also seek relief through chapter …
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