Series 79: 14.3. The Reorganization Plan

Taken from our Series 79 Online Guide

14.3. The Reorganization Plan

A reorganization plan, also called a plan of reorganization or restructuring plan, is a plan for the debtor to restructure its debts in a way that allows it to continue operating and to pay off its creditors, at least in part. Formulating such a plan and having it approved is the ultimate goal of a debtor in a Chapter

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