Which bankruptcy chapter pertains to the liquidation or rehabilitation of an estate?

In the context of bankruptcy, Chapter 12 specifically refers to a special provision for the adjustment of debts of a family farmer or fisherman with regular annual income. This chapter allows for the rehabilitation of the debtor's estate under a repayment plan that accommodates the unique cash flow and financial situations faced by farming or fishing businesses.

However, when discussing bankruptcy chapters that pertain to the broader categories of liquidation or rehabilitation, Chapter 7 focuses primarily on liquidation. In this chapter, the debtor's non-exempt assets are sold off to repay creditors, essentially winding down the debtor's financial affairs.

On the other hand, Chapter 11 is primarily designed for the reorganization of a business rather than liquidation, allowing companies to restructuring their debts while continuing operations.

Finally, Chapter 13 involves the creation of a repayment plan for individuals with a regular income and is also focused on rehabilitation rather than liquidation.

Thus, while Chapter 12 is specifically for farmers and fishermen, it is more accurate to associate Chapter 7 with liquidation and Chapter 11 with rehabilitation, making it important to pinpoint the context of the question accurately to determine which chapter fits within specific definitions of liquidation or rehabilitation.