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Case 2211068JTDDoc 1256Filed 04/10/23Page 1 of 3IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE ___ x : : : FTX TRADING LTD., et al., 1 : : Debtors. ___ x In recharter 11 Case
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Chapter 11 phoenix services refer to a type of bankruptcy filing that allows a company to reorganize their debts and continue operating while they work towards a debt repayment plan.
Companies that are struggling financially and need to restructure their debts are required to file for chapter 11 phoenix services.
Filling out chapter 11 phoenix services involves submitting a petition to the bankruptcy court, providing a list of assets and liabilities, and proposing a debt repayment plan.
The purpose of chapter 11 phoenix services is to help companies in financial distress reorganize their debts, stay in business, and ultimately repay creditors.
Chapter 11 phoenix services require the reporting of financial statements, a list of creditors, details of assets and liabilities, and a proposed debt repayment plan.
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