Metro 2 Consumer Information Indicator B: Bankruptcy Chapter 11

Specification

Code	B
Meaning	Bankruptcy Chapter 11 - Petition Filed
Field	Consumer Information Indicator (Field 33)
Record	Base Segment
Length / position	2 chars · 217–218
Category	Bankruptcy Petition Filed
CRRG reference	CRRG Exhibit 11 (Consumer Information Indicator)

Chapter 11 is the reorganization chapter. It is most familiar as a business filing, but individuals with debts above the Chapter 13 limits use it too, and consumer tradelines do appear in Chapter 11 cases.
Identifies the chapter, not the outcome. A plan may be confirmed, the case may be dismissed, or it may convert to Chapter 7.
Carries the same purging treatment as A: the Date of First Delinquency freezes and the tradeline stays tagged for up to ten years.
It does not mean the debt is being paid under a plan. That is a servicing fact reflected in Account Status and payment history, not in the CII.
This is the code the product runtime emits for a Chapter 11 bankruptcy loan event.

1A commercial-adjacent lender furnishing a personally guaranteed line of credit receives notice that the individual guarantor filed Chapter 11.
2A high-balance mortgage servicer learns a borrower's debts exceed the Chapter 13 limits and the borrower filed Chapter 11 instead.
3A private student loan servicer receives a Chapter 11 notice on an individual borrower and tags the tradeline while the plan is negotiated.
4A bank furnishing an installment note to a sole proprietor is served with a Chapter 11 petition covering the individual's debts.

Use B only when the petition is genuinely under Chapter 11. Do not default every non-Chapter-7 filing to B.
Report it in the cycle you receive notice and keep it until an outcome code applies.
Move to F when the Chapter 11 is discharged.
If the case converts to another chapter, report the code for the chapter the case is actually under now.
Do not adjust the Date of First Delinquency while B is on the record.

A file can be structurally valid and still be wrong. These are the cross-field conditions Consumer Information Indicator B has to satisfy.

Date of First Delinquency is frozen for the duration, exactly as with A.
Portfolio Type is unaffected. A mortgage stays Portfolio Type M and an installment note stays I regardless of the chapter.
Account Status continues to describe performance. A confirmed plan that is being paid on time is reported as such; the CII does not overwrite it.
If the consumer is an associated consumer rather than the primary, the J1 or J2 segment carries B and the Base Segment does not.
Terms Duration and Scheduled Monthly Payment continue to reflect the contract in force. A proposed plan is not a contract change until it changes the loan.