The Arizona Plan of Reorganization for Small Businesses Under Chapter 11 is a type of bankruptcy filing that allows small business owners to restructure their debt without liquidating assets. This plan allows small businesses to keep their operations running while reorganizing their finances in order to pay creditors. This type of filing is specifically designed for small businesses that have a maximum of $2,500,000 in secured and unsecured debt and fewer than 25 creditors. The Arizona Plan of Reorganization for Small Businesses Under Chapter 11 is a flexible filing process that allows small business owners to remain in control of their operations. This plan allows small businesses to pay their creditors over a certain period of time, allowing them to continue running their business. The Arizona Plan of Reorganization for Small Businesses Under Chapter 11 has three key components: a Disclosure Statement, a Plan of Reorganization, and a Confirmation Hearing. The Disclosure Statement outlines the business’s financial situation and the proposed reorganization plan. The Plan of Reorganization is the document that outlines how the business will pay its creditors. Finally, the Confirmation Hearing is the court-approved hearing that allows creditors to vote on the proposed reorganization plan. The Arizona Plan of Reorganization for Small Businesses Under Chapter 11 may include different types of plans depending on the size and financial situation of the business. These plans may include a Liquidation Plan, a Reorganization Plan, or a Cram down Plan. The Liquidation Plan allows for the sale of assets to pay creditors, the Reorganization Plan outlines a payment plan to creditors, and the Cram down Plan allows for the reduction of some debt and payment of the rest over a period of time.