An individual may file under Chapter 11; however, it is generally used to reorganize a business. Chapter 11 allows the debtor to continue its business operations by means of a plan of reorganization, which must meet certain statutory criteria. By enacting Chapter 11, Congress gave the debtor a chance to restructure its finances so that it may continue to operate, provide its employees with jobs, pay its creditors, and produce a return for its stockholders. Chapter 11 envisions an ongoing business, the most likely persons to have knowledge of this operation and details of the business are the existing management who normally continue operations during the Chapter 11 process. A major rationale for business reorganizations is that the value of a business as an ongoing concern is greater that it would be if its assets were sold. When a business develops financial difficulties, such as not being able to pay its creditors due to cash flow problems, it may consider filing a Chapter 11 bankruptcy. If the business can extend or reduce its debts, or drastically lower its operating costs, it often can be returned to a viable state. Generally, it is more economically effecient to reorganize than to liquidate, because doing so preserves jobs and assets. Cooperation among the various interests, however, is crucial to a successfull reoganization.