That has always been Trump’s excuse for not planning, and bankrupting companies - inability to budget let alone monitor one. “It may never happen”. A normal man in his fifties would be embarrassed having their father bail him out - then again a normal man stands by his word, and pays his debts.
He views his role is to be ‘great’ and inspire others to greatness.
Anyway. Another *wit goes on IGNORE.
Chapter 11 allow a company to renegotiate to pay its debt. It's not the same as Chapter 7 bankruptcy which is liquidation of a business to pay its creditors