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Wednesday, 09/02/2020 8:12:49 AM

Wednesday, September 02, 2020 8:12:49 AM

Post# of 20604
Debtor in Possession: Understanding the Basics

A debtor in possession (DIP) is a legal term that is used to refer to a party that is keeping control of its own assets and continuing operations while it is in the Chapter 11 bankruptcy reorganization process.

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