Why do creditors usually accept a Chapter 11 reorganization instead of demanding a Chapter 7 liquidation? A. Profits earned from liquidation are subject to alternative minimum tax B. Creditors might collect more from a reorganized firm, in the long run, than a liquidated firm C. The amount of debt forgiveness is not deductible for income tax purposes by the creditors D. Debt cannot be written off GAAP-based income statements E. None of the above