The debtor is the entity that files for Chapter 11 bankruptcy and is the central player in a Chapter 11 case. The debtor sets the goal of the Chapter 11 case, such as whether to pursue a sale process, a plan of reorganization, or a plan of liquidation.

This article discusses the leverage and incentives that a debtor has in a Chapter 11 Case. To access this article and read other insights from our Creditor’s Rights Toolkit, please click here.