YMCA Marquette County files for Chapter 11 Bankruptcy - UpperMichiga...

YMCA Marquette County files for Chapter 11 Bankruptcy
UpperMichigansSource.com
Often called the 'reorganization chapter,' Chapter 11 allows corporations, partnerships, and individuals to reorganize, without having to liquidate all assets. In filing a Chapter 11, the debtor presents a plan to creditors which, if accepted by the ...