CnCl Corp has been having difficulty turning a profit and is struggling to pay its monthly bills. The company has a viable product and customers so the board of directors has decided to use the bankruptcy code provisions to reorganize and change the way the business operates in an effort to make it more profitable. What process is the company using to handle its debts?

Question $12$ options:

Chapter $7$

Chapter $11$

Prefiling Debt Consolidation

Chapter $13$