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A Chapter 11 case is a form or reorganization in which the debtor drafts and files a plan orf reorganization and a disclosure statement of the financial assets debts and income. Chapter 11 cases are usual filed by businesses although an individaul person can file a Chapter 11 case.
< Strike - Highlighting evidence, in the record of case, that has been improperly offered and will not be relied upon. Surety Bond - A bond purchased at the expense of the estate, to insure the executor's proper performance. Survivorship - Another name for joint tenancy, in which one owner becomes entitled to property because he or she has survived all other owners. Support Trust - A trust that instructs the trustee to spend only as much income and principal (the assets held in the trust) as needed for the beneficiary's support. A chapter 11 case requries a chapter 11 plan
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