debtor in position

Tag: debtor in position

Debtor in Possession

Debtor in Possession A debtor in possession, or DIP, is a company undergoing a Chapter 11 bankruptcy reorganization. In Chapter 11 bankruptcy, the debtor remains in possession of its assets and continues normal business operations while reorganizing debt obligations and repayment plans. This is in contrast to a Chapter 7 liquidation, in which the debtor’s

Read More
WIKI CFO® - Browse hundreds of articles
Skip to content