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yes in a chapter 11
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reorganization the business gets to keep
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its stuff and the same with the
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individual no assets are taken just like
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would be happening in a chapter 7 where
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a trustee comes in and takes assets so
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the business keeps its assets the
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individual keeps their assets but
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they’re on a payment plan and this is
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very important you don’t have a
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disruption of business you don’t have a
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disruption of your life you’re basically
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putting everyone on an orderly payment
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plan and that’s very important and
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that’s what makes chapter 11 unique
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Boca Rotan, FL bankruptcy lawyer Aaron Wernick talks about whether you will get to keep your stuff in a Chapter 11 reorganization plan.