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Case 1911466KGDoc 177Filed 07/15/19Page 1 of 15IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE) In re:) Chapter 11) CENTER CITY HEALTHCARE, LLC) Case No. 1911466 (KG) d/b/a HANGMAN
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Individuals or businesses who are unable to meet their financial obligations and need to reorganize their debts may need to file for Chapter 11 bankruptcy.
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Chapter 11 of the United States Bankruptcy Code provides for the reorganization of a debtor's assets and debts.
Businesses, corporations, and individuals can file for Chapter 11 bankruptcy if they are unable to repay their debts.
Filing for Chapter 11 bankruptcy involves submitting a petition, a disclosure statement, a reorganization plan, and other required forms to the bankruptcy court.
The purpose of Chapter 11 bankruptcy is to allow a debtor to reorganize its finances and repay its debts while continuing to operate its business.
Debtors filing for Chapter 11 bankruptcy must report their assets, liabilities, income, expenses, contracts, leases, and other financial information.
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