Bankruptcy Options for Individuals and Corporations. This paper explains individual and corporate bankruptcy options. There are four basic Chapters in the United States Bankruptcy Code that can be used to file bankruptcy. Chapter 7 offers protection to both individuals and corporations that are opting for liquidation. Chapter 13 offers reorganization plan for individuals and Chapter 11 offers the same for corporations. Pages: 7 Bibliography: 6 source(s) listed Filename: 13672 Bankruptcy and Corporations.doc Price: 62.65