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10-15-2007, 01:42 PM	#1 (permalink)
Repair Bad Credit Elite Member Join Date: Aug 2006 Posts: 1,628 Casino Cash: $300000	What is a Debtor In Possession? A debtor in possession (“DIP”) is a bankruptcy debtor who retains possession of property of the estate. The term “debtor in possession” is a term of art applicable to Chapter 11 cases only. 11 U.S.C.A. § 1101(1). However, Chapter 13 and Chapter 12 debtors have many of the same rights to retain [...] More...

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