Strangers to the insolvency profession might be surprised to learn that it is often expensive to go bankrupt. Indeed, the high cost associated with obtaining relief under Chapter 11 of the federal Bankruptcy Code is a routine criticism of the federal bankruptcy scheme and an issue many commentators argue is ripe for reform. Given the potentially preventative costs, many distressed companies elect to wind down their operations by making an "assignment for the benefit of creditors," or an ABC.