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531 Couch Drive Oklahoma City, Oklahoma T +1 405 239 7961 F +1 405 235 0042 www.rsmus.comIndependent Accountants Report on Annual Survey of City and Town Finances Pursuant to Section 17105.1 of Title

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What is 1 of title 11?

1 of title 11 refers to bankruptcy under Chapter 11 of the United States Bankruptcy Code.

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Companies and individuals who are unable to meet their financial obligations may file for bankruptcy under Chapter 11.

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To fill out Chapter 11 bankruptcy forms, one must provide detailed financial information, propose a reorganization plan, and attend court hearings.

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The purpose of Chapter 11 bankruptcy is to allow companies and individuals to restructure their debts and financial affairs while continuing their business operations.

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Information such as assets, liabilities, income, expenses, contracts, and creditor claims must be reported on Chapter 11 bankruptcy forms.

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