Chapter 11

Chapter 11 is also a reorganization plan; however, it is primarily used for businesses or individuals who have more assets and income than is allowed under Chapter 13.  Unlike the above Chapters, there is no Trustee.  The debtor plays the role of Trustee in these cases and is known as the “debtor in possession”.  Basically, this means that instead of the Trustee having control over the assets the debtor remains in control. There are certain debts that cannot be included in bankruptcy no matter the Chapter. Government-backed student loans, any court-ordered restitution for a criminal act, and child support cannot be cleared through bankruptcy.