The South Dakota Certificate of Retention of Debtor in Possession — B 207 is an important legal document used in bankruptcy proceedings. It refers to a specific provision in the bankruptcy code that allows a debtor to remain in possession and control of their assets while going through Chapter 11 bankruptcy. The purpose of this certificate is to notify the court and other parties involved that the debtor intends to retain possession of their assets and continue operating their business during the bankruptcy process. It serves as a formal declaration that the debtor will manage their affairs responsibly and meet all the obligations assigned to them. Some keywords relevant to the South Dakota Certificate of Retention of Debtor in Possession — B 207 are: 1. South Dakota: Refers to the state jurisdiction where this certificate is applicable. 2. Certificate of Retention: Indicates the legal document that grants the debtor permission to retain possession and control of their assets during Chapter 11 bankruptcy. 3. Debtor in Possession: Refers to the debtor who continues operating their business and managing their assets during the bankruptcy proceedings. 4. Chapter 11: Denotes the specific chapter of the bankruptcy code that deals with the reorganization of businesses. There may be no distinct types of South Dakota Certificate of Retention of Debtor in Possession — B 207, as it is a standard provision applicable to most Chapter 11 bankruptcy cases filed in South Dakota. However, variations in specific details and requirements may exist based on each debtor's unique circumstances. It is important to consult with a qualified bankruptcy attorney in South Dakota to understand the specific nuances of the South Dakota Certificate of Retention of Debtor in Possession — B 207 and how it applies to your particular case.