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Glossary   >   D   >   "Debtor in possession" Definition            Debtor in possession A firm that is continuing to operate under Chapter 11 bankruptcy process. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Debtor in possession - A firm that is continuing to operate under Chapter 11 bankruptcy process.