# Chapter 11 Streamlined Bankruptcy Claim

**IRI:** https://folio.openlegalstandard.org/R8q2sV08aUy0GOxPtz1LhL

## Labels

**Preferred Label:** Subchapter V Bankruptcy Claim

**Alternative Labels:**

- Subchapter 5 Bankruptcy Claim

## Definition

A Subchapter 5 Bankruptcy Claim refers to a financial obligation or debt owed by a small business debtor undergoing a reorganization process under Subchapter 5 of Chapter 11 of the U.S. Bankruptcy Code. Creditors holding such claims may have different priorities and rights based on the terms of the Subchapter 5 reorganization plan, which aims to streamline the bankruptcy process for small businesses

## Sub Class Of

- https://folio.openlegalstandard.org/R4p7hCW8i9ZoWoZKGmzfPR

**Deprecated:** False