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The Uncertain World for Individual Chapter 11 Debtors

Recent cases have made the reorganizations of individual Chapter 11s in some jurisdictions as difficult as prior to the BAPCPA. This article discusses the major uncertainties that currently exist in these types of cases.

26 minute read August 29, 2011 at 10:23 AM
By
William L. Norton III
The Uncertain World for Individual Chapter 11 Debtors

Individuals have always had a difficult time reorganizing under Chapter 11, and many who represent individual debtors believed that the enactment of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (“BAPCPA” or “2005 Amendments”) would make it easier for individuals to operate and reorganize under Chapter 11.

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