It’s not “plain wrong”. Sure, most chapter 11 companies don’t make it - but by filing chapter 11 instead of chapter 7, it means they’re still operating and tryi

It’s not “plain wrong”. Sure, most chapter 11 companies don’t make it - but by filing chapter 11 instead of chapter 7, it means they’re still operating and trying to make it. Chapter 7 is “turn out the lights and liquidate”.