Chapter 11

Chapter 11 Eligibility

A. ELIGIBILITY FOR RELIEF

Relief under Chapter 11 is available to any person (individual, corporation, or partnership) who qualifies to be a debtor under Chapter 7 of the bankruptcy code, except for a stockbroker or a commodity broker.

In addition, railroads are eligible for relief under special provisions of Chapter 11 of the bankruptcy code.

2. Business or Consumer:

Chapter 11 is designed primarily for business reorganizations. However, the Supreme Court has held that a consumer bankruptcy debtor (i.e., an individual not engaged in business) also may qualify for relief under this chapter. [Toibb v. Radloff, HIS. Ct. 2197 (1991)], San Diego Bankruptcy Reporter.

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