Which of the following is true of Chapter 11 of the BAPCPA? Question 20 options: It applies only to voluntary bankruptcy proceedings initiated by a company. It applies to anybody who can file Chapter 7, plus railroads. It applies to all debtors except railroads, insurance companies, most banks and credit unions. It addresses the issue of adjustment of debts of a family farmer with regular annual income. It applies only to individuals with debt not exceeding about $1.3 million