are there advantages to filing chapter 11 
the biggest advantage is that the entity usually a business can continue operations while going through the reorganization process this allows it to generate cash flow that can aid in the repayment process the court also issues an order that keeps creditors at bay most creditors are receptive to chapter 11 as they stand to recoup more if not all of their money over the course of the repayment plan than if the company simply went out of business 