Author Question: The purpose behind a Chapter 11 bankruptcy is to allow the debtor to ________ by reaching a ... (Read 40 times)

Garrulous

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The purpose behind a Chapter 11 bankruptcy is to allow the debtor to ________ by reaching a compromise with its creditors for the repayment of debts that will accommodate their unique relationship and circumstances.
 
  Fill in the blank(s) with correct word

Question 2

At the confirmation hearing, if no resolution regarding the repayment plan is reached, the judge will not make a ruling. Instead, the judge will order the debtor to ________ the repayment plan to make the plan more compliant with the Bankruptcy Code.
 
  Fill in the blank(s) with correct word



ebonylittles

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Answer to Question 1

stay in business

Answer to Question 2

redraft



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