A confirmed Chapter 11 plan can eliminate some or all unsecured debt. If the plan does not propose full payment to all creditors, however, other limitations apply. Individual debtors are required to devote all of their “projected disposable income” toward payment of claims during the life of the plan, and for a period of at least five years. Business entities are subject to the “absolute priority rule,” under which owners will lose their interest in the company if the plan not provide for full payment of all of its creditors. In either case, debtors must pay creditors at least the amount they would receive under a Chapter 7 liquidation.