Find the best financial services for you at: SMARTFINANCESOLUTIONS.NET - Why does filing for Chapter 11 bankruptcy help to facilitate the sale of a company? - I have noticed that some companies, when they have an offer to be purchased by another company, will voluntarily file for Chapter 11 bankruptcy in order to facilitate the sale of the company. Why would they do this? How does this help to facilitate the sale ? It also seems that by filing for chapter 11 -