感觉是翻译用词太笼统,法律要解释的

来源: 2025-10-09 07:51:35 [旧帖] [给我悄悄话] 本文已被阅读:
 
Chapter 7 vs. Chapter 11 Bankruptcy: Key Differences & Which ...
Chapter 7 is a liquidation bankruptcy where a trustee sells a debtor's non-exempt assets to pay creditors, while Chapter 11 is a reorganization bankruptcy allowing a business or individual to restructure debts and continue operating under a court-approved planKey differences include Chapter 7 leading to the cessation of business and a quicker process, versus Chapter 11 enabling business continuation and a longer, more complex process