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1936300cgmDoc 45Filed 08/07/19Entered 08/07/19 08:30:35 Pg 1 of 5Main DocumentUNITED STATES BANKRUPTCY COURT FOR THE SOUTHERN DISTRICT OF NEW YORK In re: BARNEYS NEW YORK, INC., et al.,1 Debtors.)
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Chapter 11 is a form of bankruptcy that allows businesses to reorganize and continue operations while repaying creditors.
Businesses that are struggling financially and need to restructure their debts may file for Chapter 11 bankruptcy.
To fill out Chapter 11 bankruptcy forms, businesses must gather information about their debts, assets, income, and expenses, and work with a bankruptcy attorney to complete the required paperwork.
The purpose of Chapter 11 is to give businesses a chance to restructure their debts and come up with a plan to repay creditors, while continuing to operate.
Businesses filing for Chapter 11 must report information about their debts, assets, income, expenses, and proposed repayment plan.
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