[Karen37a]

From my experience on these ( which is limited ) Chap 11 can be turned into a dip or an exit loan...lots of paperwork and approval needed.

I also believe factoring can be used for these under certain cirumstances.

Chap 13 can't be done ( I think ) because you are still retaining control of assets and exempted assets and they are structured thru a Chap 13 plan of reorganization

On the first, the dip moves into the first position after satisfying all debts and proving you can maintain a profit after.So Factoring or a "Priming Loan" can be considered but it has to be approved by the courts.

Hedge Funds had their eye on the prize "dip loan market" because they received instant returns and also to take control. ( ***not sure if laws or rules changed over the last few years )

Some are /were "loan to own"