The Hillsborough Florida Certificate of Retention of Debtor in Possession — B 207 is a legal document that is filed in the Hillsborough County Court. This document signifies a debtor's intention to retain possession of certain property while undergoing bankruptcy proceedings. Debtor in possession refers to an individual or business entity that continues to have control over their assets and operations during a Chapter 11 bankruptcy case. The Hillsborough Florida Certificate of Retention of Debtor in Possession — B 207 is an important tool that allows debtors to maintain control over essential assets and operations, ensuring the continuation of their business while restructuring their debts. It provides the debtor with the opportunity to generate revenue, stabilize their business, and ultimately repay their creditors. This certificate is typically filed by debtors who wish to retain possession of specific assets, such as equipment, inventory, or real estate, during the bankruptcy process. By doing so, debtors can continue day-to-day operations, generate income, and potentially increase the value of their assets. It is worth noting that there may be different types of Hillsborough Florida Certificate of Retention of Debtor in Possession — B 207, depending on the specific circumstances and nature of the bankruptcy case. These may include: 1. Hillsborough Florida Certificate of Retention of Debtor in Possession for Real Estate — B 207: This type of certificate is used when a debtor wishes to retain possession of a specific real estate property, such as a commercial building or land. 2. Hillsborough Florida Certificate of Retention of Debtor in Possession for Equipment — B 207: This certificate is filed when a debtor seeks to keep control over essential equipment or machinery necessary for their business operations. 3. Hillsborough Florida Certificate of Retention of Debtor in Possession for Inventory — B 207: This type of certificate is utilized by debtors who need to retain possession of their inventory to continue selling products or goods during the bankruptcy process. In summary, the Hillsborough Florida Certificate of Retention of Debtor in Possession — B 207 is a crucial document for debtors seeking to retain control of specific assets during bankruptcy proceedings. By filing this certificate, debtors can continue operating their business, generating revenue, and working towards satisfying their financial obligations to creditors.