Troutman Pepper's Creditor’s Rights Toolkit is a series that provides practical insights to help creditors confront the challenges of commercial bankruptcy.

The debtor is the entity that files for Chapter 11 bankruptcy and is the central player in a Chapter 11 case. The debtor sets the goal of the Chapter 11 case, such as whether to pursue a sale process, a plan of reorganization, or a plan of liquidation.

This article discusses the leverage and incentives that a debtor has in a Chapter 11 Case.