Chapter 11 is not liquidation; it is reorganization. Once Chapter 11 is filed, the company may "emerge" from bankruptcy within a few weeks, months or within several years, depending on the size and complexity of the bankruptcy.
*Opinions are for informative purposes only, I may buy, sell or hold stock I discuss.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.