Realizing That Dante Corporation Is Insolvent, the Debtor in Possession

Multiple Choice

Realizing that Dante Corporation is insolvent, the debtor in possession files for Chapter 11. As part of the process, the debtor in possession submits a proposal which restructures the board, the leadership roles and the use of existing assets to repay creditors and also reinvest money into the company to spur economic growth. This plan is called

A) A revitalization plan.
B) A reorganization plan.
C) A restructuring plan.
D) A rehabilitation plan.