Chapter 11 Debtor Questionnaire

Summary

This template is a basic questionnaire intended for new Chapter 11 business debtor clients. This template includes practical guidance, drafting notes, and optional clauses. Chapter 11 of the Bankruptcy Code allows individuals, corporations, and other business organizations to file for reorganization, or the sale of the business as a going concern, rather than liquidation. A debtor seeking bankruptcy protection under Chapter 11 of the Bankruptcy Code is required to complete several official bankruptcy forms, including, among others, various schedules and the statement of financial affairs. These forms give the bankruptcy court, the U.S. Trustee, as well as creditors a complete picture of the debtor's financial background and further demonstrate why the debtor is in need of bankruptcy protection. Debtor's counsel can use this template as part of the process of gathering financial and other information to properly fill out these forms. For a complete list of content when representing a debtor that is filing for Chapter 11, see Filing for Chapter 11 Bankruptcy Resource Kit. For information on the required forms, see Schedules and Statements of Financial Affairs, Statement of Financial Affairs Checklist. For general information on Chapter 11 cases, see Chapter 11 Proceedings. For a full listing of key content that provides an overview of important topics for attorneys practicing bankruptcy law, see Bankruptcy Practice Fundamentals Resource Kit. For information on first-day motions see First Day Filings and First-Day Motions in Chapter 11 Checklist. For a questionnaire for individuals, see Individual Debtor Questionnaire.